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    Mosquera Orozco Yefer
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    This document defines a study for the trading platform TradingView that calculates and plots the MACD (Moving Average Convergence Divergence) indicator on a chart. It allows customizing the time period, showing or hiding lines and dots, and changing line colors. The study outputs the MACD, signal line, and histogram values and plots them on the chart according to the user's settings.

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    This document defines a study for the trading platform TradingView that calculates and plots the MACD (Moving Average Convergence Divergence) indicator on a chart. It allows customizing the time period, showing or hiding lines and dots, and changing line colors. The study outputs the MACD, signal line, and histogram values and plots them on the chart according to the user's settings.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    26 views2 pages

    Scrypt Estrategia

    Uploaded by

    Mosquera Orozco Yefer
    This document defines a study for the trading platform TradingView that calculates and plots the MACD (Moving Average Convergence Divergence) indicator on a chart. It allows customizing the time period, showing or hiding lines and dots, and changing line colors. The study outputs the MACD, signal line, and histogram values and plots them on the chart according to the user's settings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    //@version=3

    //Created by cryptotrader62

    study(title="Francotirador", shorttitle="Francotirador")

    source = close

    useCurrentRes = input(true, title="Use Current Chart Resolution?")

    resCustom = input(title="Use Different Timeframe? Uncheck Box Above", type=resolution,


    defval="60")

    smd = input(true, title="Show MacD & Signal Line? Also Turn Off Dots Below")

    sd = input(true, title="Show Dots When MacD Crosses Signal Line?")

    sh = input(true, title="Show Histogram?")

    macd_colorChange = input(true,title="Change MacD Line Color-Signal Line Cross?")

    hist_colorChange = input(true,title="MacD Histogram 4 Colors?")

    res = useCurrentRes ? period : resCustom

    fastLength = input(12, minval=1), slowLength=input(26,minval=1)

    signalLength=input(9,minval=1)

    fastMA = ema(source, fastLength)

    slowMA = ema(source, slowLength)

    macd = fastMA - slowMA

    signal = sma(macd, signalLength)

    hist = macd - signal

    outMacD = security(tickerid, res, macd)


    outSignal = security(tickerid, res, signal)

    outHist = security(tickerid, res, hist)

    histA_IsUp = outHist > outHist[1] and outHist > 0

    histA_IsDown = outHist < outHist[1] and outHist > 0

    histB_IsDown = outHist < outHist[1] and outHist <= 0

    histB_IsUp = outHist > outHist[1] and outHist <= 0

    //MacD Color Definitions

    macd_IsAbove = outMacD >= outSignal

    macd_IsBelow = outMacD < outSignal

    plot_color = hist_colorChange ? histA_IsUp ? aqua : histA_IsDown ? blue : histB_IsDown ? red :


    histB_IsUp ? maroon :yellow :gray

    macd_color = macd_colorChange ? macd_IsAbove ? lime : red : red

    signal_color = macd_colorChange ? macd_IsAbove ? yellow : yellow : lime

    circleYPosition = outSignal

    plot(smd and outMacD ? outMacD : na, title="MACD", color=macd_color, linewidth=4)

    plot(smd and outSignal ? outSignal : na, title="Signal Line", color=signal_color, style=line


    ,linewidth=2)

    plot(sh and outHist ? outHist : na, title="Histogram", color=plot_color, style=histogram,


    linewidth=4)

    plot(sd and cross(outMacD, outSignal) ? circleYPosition : na, title="Cross", style=circles,


    linewidth=4, color=macd_color)

    hline(0, '0 Line', linestyle=solid, linewidth=2, color=white)

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