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Macdbb

MACDBB HistoXThis is a custom modified MACD where some parameters have been customized and Bollinger Band added to the MACD . When the MACD is running above its upper Bollinger Band , it will be depicted as lime, and vice versa red. Then the second set of histograms is am idea of mine where the opposing parameters of MACD signals are deducted off each other to reveal the underlying "momentum" of the MACD . Hope that these tweaks of a ol'trusty indicator it works for those who are interested! Enjoy!
Pine Script® indicator
by Auguraltrader
11

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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