This is an updated version of the MACD DEUTER 2 colour indicator. This version includes the Signal line and option to change the length calculating the MACD direction change.
Release Notes
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... Revision 3 & 4 Updates
Added option to generate Alert/Alarms for MACD/Signal crosses.
Added Option to Colour Candles the same colours as the Histogram.
Added option to draw line curve for MACD instead Histogram.
Added option to display of MACD/signal difference as coloured area.
Thank you so much JustUncleL for awesome script, God bless you abundantly
Jay1176
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@Jay1176, Highlight MACD cross alerts : I want alert/plot when signal line enters in to Macd and when comes out of Macd, please let me know changes required in coding
gianfranco60
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What do you think about 7,24, 9 because is a little faster ?
Jay1176
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Thank you so much JustUncleL for awesome script, God bless you abundantly
pradhan
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but now macd not working,showing error
gianfranco60
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Sorry I mean 9,24,7
JustUncleL
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@gianfranco60, Depends on what chart time frame you are using the indicator for and what strategy you using. Faster settings tend to be better for the shorter time frames (15min or less). The standard settings tend to be better for the longer time frames (30min+).