PROTECTED SOURCE SCRIPT
Dynamic MACD with Color Alerts
A visually enhanced MACD indicator that dynamically changes line colors for better trend recognition:
• MACD Line turns green when above the Signal line (bullish) and red when below (bearish).
• Signal Line also adapts its color based on MACD position.
• Histogram bars show momentum strength (green for positive, red for negative).
• Includes zero line reference and built-in alerts for:
o Bullish/Bearish MACD crossovers
o Histogram turning positive/negative
Disclaimer:
This script is for educational purposes only. Trading involves risk, and past performance does not guarantee future results. Please test thoroughly and use at your own discretion. You are solely responsible for your trading decisions.
• MACD Line turns green when above the Signal line (bullish) and red when below (bearish).
• Signal Line also adapts its color based on MACD position.
• Histogram bars show momentum strength (green for positive, red for negative).
• Includes zero line reference and built-in alerts for:
o Bullish/Bearish MACD crossovers
o Histogram turning positive/negative
Disclaimer:
This script is for educational purposes only. Trading involves risk, and past performance does not guarantee future results. Please test thoroughly and use at your own discretion. You are solely responsible for your trading decisions.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.