OPEN-SOURCE SCRIPT
Updated Log-space MACD
This indicator is identical to regular MACD indicator except it is calculated in log space, which is useful for looking at long-term trends.
Release Notes
add optional buy/sell signalsRelease Notes
update example chartRelease Notes
update example chart againRelease Notes
use ratios instead of hard offsets when plotting signalsRelease Notes
Improve EMA degradation qualities in the beginning of the chart and add optional Ehlers Super Smoother filterRelease Notes
add a commentRelease Notes
drop 1st candle for stability in the beginningRelease Notes
change indicator colors, update chartRelease Notes
update colors to make this script more usable in dark modeRelease Notes
update study titleOpen-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.