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Auguraltrader
Sep 18, 2022 5:35 AM

MACDBB HistoX 

SPDR S&P 500 ETF TRUSTArca

Description

This is a custom modified MACD where some parameters have been customized and Bollinger Band added to the MACD . When the MACD is running above its upper Bollinger Band , it will be depicted as lime, and vice versa red.
Then the second set of histograms is am idea of mine where the opposing parameters of MACD signals are deducted off each other to reveal the underlying "momentum" of the MACD .

Hope that these tweaks of a ol'trusty indicator it works for those who are interested! Enjoy!
Comments
rb675
Thanks for sharing
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