KobySK

Koby's 3 average MACD indicator

KobySK Updated   
This MACD is averaging 3 different MACD; KAMA MACD, ZLEMA MACD, and normal MACD.

Can find easier MACD's divergence and convergence than normal MACD.

And more smoothly drawing than ZLEMA MACD (KZ_MACD) which is I've made before.
Release Notes:
Add a long term macd.
Release Notes:
Add text. Crossover 0, and cross under 0 message.
Release Notes:
Changed signal line to zero lag EMA base, and cross signal text.

You can select signal line; zero lag EMA or normal EMA.

Default is zero lag EMA signal.
Release Notes:
Change default transparency.
Release Notes:
Can select KAMA MACD. And changed histogram style.

Koby
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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