MACD Split Colors

Standard MACD modified to show the histogram in different colors for positive/negative.

Ignore all the extra stuff in the chart, I didn't realize at this point I couldn't change it later!
Remove from Favorite Scripts Add to Favorite Scripts
study(title="MACD Split Colors", shorttitle="MACD")
src = close
fastLength = input(12, minval=1), slowLength=input(26,minval=1)
fastMA = ema(src, fastLength)
slowMA = ema(src, slowLength)
macd = fastMA - slowMA
signal = sma(macd, signalLength)
hist = macd - signal
pos_hist = max(0, hist)
neg_hist = min(0, hist)
plot(pos_hist, color=green, style=histogram, linewidth=2)
plot(neg_hist, color=red, style=histogram, linewidth=2)
plot(macd, color=teal)
plot(signal, color=orange)
Thank you so much for such an amazing script.
Thanks for sharing!!
Was looking for a script to do exactly this in the past! Thanks! :D
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out