OPEN-SOURCE SCRIPT
SCOTTGO Advanced MACD
🌟 Custom MACD: Enhanced Visuals & Crossover Signals
This indicator is a highly customized version of the traditional Moving Average Convergence Divergence (MACD) oscillator, designed to provide clear, immediate visual confirmation of signal line crossovers and zero-line crossings.
Core Features:
MACD Crossover Shadow Fill: The area between the MACD line and the Signal line is filled with a customizable shadow. This instantly visualizes whether the MACD is above (bullish crossover) or below (bearish crossover) the Signal line.
Signal Crossover Markers (Arrows & Dots):
Crossover Dot: A small, configurable solid dot is plotted exactly at the point where the MACD and Signal lines intersect, providing pinpoint accuracy for the crossover event.
Crossover Arrows: Customizable up (green) and down (red) arrows are plotted using a small numerical offset from the crossover point, ensuring visibility without cluttering the indicator lines.
Zero-Line Crossing Markers: Distinct, small markers (circles/diamonds) are used to signal when the MACD line crosses the zero line, indicating a shift in momentum relative to the baseline.
Customizable MA Type: The user can select either Exponential Moving Average (EMA) or Simple Moving Average (SMA) for both the MACD oscillator calculation and the signal line calculation.
This indicator is ideal for traders who rely on MACD crossovers and require precise, configurable visual feedback directly on the chart.
This indicator is a highly customized version of the traditional Moving Average Convergence Divergence (MACD) oscillator, designed to provide clear, immediate visual confirmation of signal line crossovers and zero-line crossings.
Core Features:
MACD Crossover Shadow Fill: The area between the MACD line and the Signal line is filled with a customizable shadow. This instantly visualizes whether the MACD is above (bullish crossover) or below (bearish crossover) the Signal line.
Signal Crossover Markers (Arrows & Dots):
Crossover Dot: A small, configurable solid dot is plotted exactly at the point where the MACD and Signal lines intersect, providing pinpoint accuracy for the crossover event.
Crossover Arrows: Customizable up (green) and down (red) arrows are plotted using a small numerical offset from the crossover point, ensuring visibility without cluttering the indicator lines.
Zero-Line Crossing Markers: Distinct, small markers (circles/diamonds) are used to signal when the MACD line crosses the zero line, indicating a shift in momentum relative to the baseline.
Customizable MA Type: The user can select either Exponential Moving Average (EMA) or Simple Moving Average (SMA) for both the MACD oscillator calculation and the signal line calculation.
This indicator is ideal for traders who rely on MACD crossovers and require precise, configurable visual feedback directly on the chart.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Market Participant - Momentum Day Trader
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Market Participant - Momentum Day Trader
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.