ChrisMoody

Indicator - MACD w/ 4 Color Histogram

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Created by request for user ericktatch.
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//Created by user ChrisMoody 2-9-14
//Created for user ericktatch
//Regular MACD Indicator with Histogram that plots 4 Colors Based on Direction Above and Below the Zero Line

study(title="CM_MACD-Histogram-Color", shorttitle="CM_MACD-Hist-Color")
source = close
fastLength = input(12, minval=1), slowLength=input(26,minval=1)
signalLength=input(9,minval=1)
fastMA = ema(source, fastLength)
slowMA = ema(source, slowLength)
macd = fastMA - slowMA
signal = sma(macd, signalLength)
hist = macd - signal
//Histogram Color Definitions
histA_IsUp = hist > hist[1] and hist > 0
histA_IsDown = hist < hist[1] and hist > 0
histB_IsDown = hist < hist[1] and hist <= 0
histB_IsUp = hist > hist[1] and hist <= 0

plot_color = histA_IsUp ? aqua : histA_IsDown ? blue : histB_IsDown ? red : histB_IsUp ? maroon : white

plot(hist, color=plot_color, style=histogram, linewidth=4)
plot(macd, title="MACD", color=red, linewidth=3)
plot(signal, title="Signal Line", color=lime, linewidth=3)
hline(0, '0 Line', linestyle=solid, linewidth=2, color=white)
If Your Not Sure How To Load Custom Indicators on Your Chart. Video Below Explains.

http://vimeopro.com/user14689865/tradingviewcom-how-to-videos
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ericktach...I think this is what you were asking for. This is the standard code for MACD. The MACD indicator that TradingView offers has a few more inputs but I do't have access to that code. If there is anything else you wanted let me know....
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4apprentice08
2 years ago
Where can I get the code for this?
Also how hard would it be to have this do 2 things:
1. Draw MACD from higher time frame 6X higher than current time frame, e.g. if on 10 mins, show MACD from 60 mins. OR always show MACD from 60 mins no matter what time frame is showing (these are probably 2 different versions)
2. Make MACD line change colour depending on whether it is higher/lower than signal line.

Thanks so much
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ChrisMoody PRO 4apprentice08
2 years ago
Recoding now with about every option possible...will post link when done
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ChrisMoody PRO ChrisMoody
2 years ago
Updated MacD Indicator with all options available. Visit this Post:

MacD Custom Indicator-Multiple Time Frame+All Available Options!

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