PROTECTED SOURCE SCRIPT

[SwingMann©] MACD+

54
[SwingMann©] MACD+
Advanced MACD with flexible smoothing and MA types

Description:
The MACD+ is an enhanced version of the classic MACD indicator, designed to give traders greater control over the calculation and smoothing process.
With selectable moving average types (SMA, EMA, WMA) and additional smoothing options for both the MACD and Signal lines, it offers a more refined way to visualize market momentum and trend shifts.

Highlights:
• Choose between SMA, EMA, and WMA for MACD and Signal Line
• Independent smoothing for both MACD and Signal values
• Clean histogram visualization
• Alerts for bullish/bearish histogram phase shifts
• Perfect companion to SwingMann© EWTrend+

snapshot

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.