A modification of the classic MACD to use Triple EMAs which tends to have less lag than the standard indicator. (I also have a Double Exp MACD indicator, I tend to use both simultaneously)
Alert conditions are pre-configured for simple line crosses and you can enable/disable the histogram from the indicator options menu.
Enjoy!
Release Notes
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Made changes to improve usability of the script such as removing the histogram feature and fixing the alert condition setup
Thank you so very much. I use this indicator in combination with the MACD just as you said. It helps me confirm the direction of the MACD movement. You are most kind to have shared this code as open source. Thank you!