OPEN-SOURCE SCRIPT

Riz Coloured MACD - Study

1949
This is a souped up common or garden MACD . The Histogram is coloured giving a clear visual representation of where we are UpTicking or DownTicking on the Histogram to help support trading decisions.

When colour changes from pink to green market is bullish , and visa versa.

Very useful as a supporting indicator to confirm other strategies, or even as a standalone strategy to some extent.

Backtesting of strategy is enabled by converting script from a Study to a strategy, see comments in code. This version focuses on this indicators use as a day to day study rather than a useful strategy for automated trading.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.