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OPEN-SOURCE SCRIPT
Updated

MACD Scaled

7 747
MACD scaled and re-centered for 0-100 range (user adjustable)
+ Leader
+ Stochastic RSI

Details: A simple MACD re-centered to 50 lines rather than 0 line. Also added MACD Leader and Stochastic RSI to show possible usefulness of re-scaling the MACD.

NOTE: Due to nature of MACD, could not get the lines cannot be contained within top/bottom borders without excess distortion.

Credit to lazybear for leader formula.
Release Notes
Color fix
Release Notes
Code fix for ALMA
Release Notes
VWMA added and misc cosmetic changes. Last one for a while. Suggestions welcomed.
Release Notes
*Added: RSI
*Added: Signal
Release Notes
pinescript v5
Release Notes
* Code cleanup
Release Notes
  • Removed minimum values. Can not do 3 10 16 settings (Raschke)
  • Added % normalization option

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.

bluesky509
ko-fi.com/eventhorizon011
Moving Average Convergence / Divergence (MACD)

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.
Moving Average Convergence / Divergence (MACD)

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.

bluesky509
ko-fi.com/eventhorizon011

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.