blackdog6621

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!
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study(title="MACD Split Colors", shorttitle="MACD")
src = close
fastLength = input(12, minval=1), slowLength=input(26,minval=1)
signalLength=input(9,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.
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Thanks for sharing!!
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Was looking for a script to do exactly this in the past! Thanks! :D
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