I updated existing script “MacD Custom Indicator-Multiple Time Frame+All Available Options!” originally created by ChrisMoody to Pine Script 4. version, so you can use it within your own strategy for algotrading or trading bots.
why color differances in the histogram ? I don't understand this very well ...
(for the rest : all clear ...
Trade_ND
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@driesdep3001, it is just a normal MACD indicator, but there is one option that MACD line change colors when it crosses the Signal Line (yellow one).
aakashkamra067
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How to Identify buy/sell setups with this along with trend lines, and support resistance .
Deleu
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hello , if you dont mind its this still repainting like original version or you fixed it ? :o
Trade_ND
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@Deleu, hi, I have already mentioned it only on higher time frames. I will probably try to fix it during next few weeks.
spayrok
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What changed?
Trade_ND
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@spayrok, the script wasn’t changed. How I have already wrote in description I just only updated this script to the Pine Script Version 4. The original script was created using the Pine Script Version 3. Within 3. version you are not able to use it for algotrading by using strategy alerts. I just wanted to use exactly this indicator within combination of another indicators for my algotrading and I wasn’t able to find this script updated to the 4. version, so I just published it and I believe that it could save some time for another algo traders so they don’t need to rewrite this script.
spayrok
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@NikitaDoronin, thx for answer
Trade_ND
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Original idea:
tradingview.com/script/OQx7vju0-MacD-Custom-Indicator-Multiple-Time-Frame-All-Available-Options/
(for the rest : all clear ...