MACD Profit Candles

This tool is simple yet very effective. It creates new candles on the chart based on the MACD .

Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.

The rules for using it are pretty simple:

1.Buy on Green

2.Sell on red

~Happy Trading~
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
-Profit Programmers


Any way to set alerts when bars turns green?
+19 Reply
+5 Reply
jtown WoodLandSprite
@WoodLandSprite, what do you mean by repaint?
+11 Reply
Thanks!!!! Weekly chart paired with heikin-ashi candles. thank me later.
+3 Reply
The candles are hard to see when they get smaller. Do you think a bar color or background color feature would be able to make the candles easier to visualize
+3 Reply
If you can add a signal line to the candles, it might help .... Thanks