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Doublemacd

[SK] Double MACDThe Double MACD indicator is precisely two different MACD indicators plotted on the same axis for precise visual correlation between each other. This correlation provides more information than a single regular MACD by allowing you to compare the signals of a shorter timeframe to the default or longer timeframe, showing the strength of the change in momentum and the peak of the momentum between both configurations. The indicator has cloud options by default if you toggle on the MACD / Signal lines for better readability. The cloud will change color to the line on top of it's set. This is to help you not get lost in the 4 different lines. Customize the indicator to your preference and make it your own If you'd like a candle like visualization, change the short MACD plot style to a histogram. For a beautiful double bars style, select bars on both configurations and set the transparency to 30 - 40 For a dynamic moving average style, go with the line plot style ( default ) All MACD/Signal lines are toggled off by default, toggle them on in the inputs section. On the styles panel, you can turn off the cloud fills or the lines. Change all the colors you'd like!
Pine Script® indicator
by sirkriz
Updated
99

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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