MacD with Bollinger Bands — Indicator by jod17

Another MacD indicator with Bollinger Bands, this version includes the histogram, and you can enable/disable the breach, and I advise unchecking the upper/lower boxes for the Bollinger Bands, as this creates a crush effect on the bands of the MacD and the signal

Release Notes:

Code has been added for a 2 color histogram, and some minor tweaks! And you can apply the same colors for the histogram if you wish!

Release Notes:

I added the breaches "down", for when the EMA of the macd comes out of the Bollinger Bands. And you can always adjusted the color pallet to your taste! Unchecked some option if you want

PS, I do not trade XVG, it was to have a clean chart ! :)

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.

Want to use this script on a chart?