OPEN-SOURCE SCRIPT
Updated Koby's 3 average MACD indicator
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.
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.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Koby
Disclaimer
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Koby
Disclaimer
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.