*Cross over markers
*Directional bgcolor indication

To run in line with the VX family / or stand alone :-
Baseline_VX1 MACD_VX1 (this one)
Stoch_VX3 /Strategy, line up all three, place your bets - Black or Green :)

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.


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?
study(title="MACD_VXI", shorttitle="MACD_VXI")
source = close
fastLength = input(13, minval=1), slowLength=input(21,minval=1)
fastMA = ema(source, fastLength)
slowMA = ema(source, slowLength)
macd = fastMA - slowMA
signal = sma(macd, signalLength)
hist = macd - signal
plot(hist, style=histogram, color=black, linewidth=1)
plot(macd, color=red, linewidth=1)
plot(signal, color=blue, linewidth=2)
plot(cross(signal, macd) ? signal : na, color=black, style = circles, linewidth = 4)
OutputSignal = signal >= macd ? 1 : 0
bgcolor(OutputSignal>0?#000000:#128E89, transp=80)