OPEN-SOURCE SCRIPT
Updated SMA Highlight + MACD Crossover Arrows

Draw blue arrow for bullish entries when MACD line crosses above the signal line and red arrow for bearish entries when MACD line crosses below the signal line
Release Notes
draw blue arrow for bullish entries and red arrows for bearish entries 1 bar before crossing MACD line the signal lineRelease Notes
arrow blue for bullish entries arrow red for bearish entries when MACD line crossing above or below the signal lineOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.