MACD with Lines - Default — Indicator by UnknownUnicorn5507594

What is MACD with Lines - Default and why do you need it?

I use it for chart analysis to identify key macd/signal levels from which bullish/bearish market structure continues to develop.
Default means that every Macd/Signal cross above/below the signal lines will be notified on your MACD Indicator and not on your chart. To see them on your chart please choose "MACD with Lines - Chart" in my library.

Once Signal,Macd or the Histogramm cross over or under your upper or lower signal line you will see background colors which you can adjust in the settings menu.

This small indicator is for a larger project which will be uploaded in several days/weeks.

Release Notes:

Margincal changes

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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