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LonesomeTheBlue

MACD-AS

LonesomeTheBlue Wizard Updated   
Centered Oscillators Moving Averages Breadth Indicators macdas leadingindicators movingaverageconvergencedivergence lonesometheblue
1622
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centeredoscillator movingaverage breadthstudies macdas leadingindicators movingaverageconvergencedivergence lonesometheblue
Hello All,


This the script for Moving Average Convergence Divergence – MACD of Thomas Aspray, and called as MACD-AS and you may get earlier signals than MACD.

As MACD and MACD-AS are trend following indicators, they do not function well in sideway markets.

An example how it gets earlier signals than MACD
snapshot


Good luck!
Release Notes:
updated.
www.youtube.com/@lonesometheblue/videos
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

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