OPEN-SOURCE SCRIPT
Advanced MACD with Pressure Indication
"Advanced MACD with Pressure Indication" is a powerful and visually enhanced version of the classic MACD indicator, designed to help traders analyze momentum and trend strength with greater clarity.
### Key Features:
1. **Customizable Parameters**:
- Fast EMA Length (default: 12)
- Slow EMA Length (default: 26)
- Signal SMA Length (default: 9)
2. **Dynamic Histogram Coloring**:
- The histogram color changes dynamically based on pressure:
- **Teal**: Positive histogram increasing.
- **Light Green**: Positive histogram decreasing.
- **Red**: Negative histogram decreasing.
- **Pink**: Negative histogram increasing.
3. **Highlighted MACD and Signal Lines**:
- MACD Line: Blue for trend visibility.
- Signal Line: Orange for clear crossover detection.
4. **Background Gradient for Pressure**:
- Subtle green or red background to reflect positive or negative momentum shifts.
5. **Simplified Visualization**:
- Histogram plotted with columns for easy differentiation of pressure changes.
This indicator is suitable for traders of all levels, offering insightful visual cues to identify trend reversals, momentum shifts, and potential entry/exit points. Optimize your trading strategy with this advanced MACD tool!
### Key Features:
1. **Customizable Parameters**:
- Fast EMA Length (default: 12)
- Slow EMA Length (default: 26)
- Signal SMA Length (default: 9)
2. **Dynamic Histogram Coloring**:
- The histogram color changes dynamically based on pressure:
- **Teal**: Positive histogram increasing.
- **Light Green**: Positive histogram decreasing.
- **Red**: Negative histogram decreasing.
- **Pink**: Negative histogram increasing.
3. **Highlighted MACD and Signal Lines**:
- MACD Line: Blue for trend visibility.
- Signal Line: Orange for clear crossover detection.
4. **Background Gradient for Pressure**:
- Subtle green or red background to reflect positive or negative momentum shifts.
5. **Simplified Visualization**:
- Histogram plotted with columns for easy differentiation of pressure changes.
This indicator is suitable for traders of all levels, offering insightful visual cues to identify trend reversals, momentum shifts, and potential entry/exit points. Optimize your trading strategy with this advanced MACD tool!
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
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