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  • MACD Histogram

    I am looking for a MACD that has a histogram and changes colors based on being above or below the signal line, regardless of being above or below the zero line.
    Attached Files

  • #2
    Wow I hope everyone can see my pic, its a little small

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    • #3
      This EFS doesn't appear 100% equivalent but it might be a good starting point to modify an existing study. You may also want to just use a search term like MACD and then browse the results w/in the EFS Help Center. Most have screen shots to illustrate what the study looks like.



      Hope that helps.

      Thanks.

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      • #4
        Thanks

        Thanks Scott that is the closest thing to what I'm looking for. The only thing it needs is a signal line. If someone knows how, I think attaching a 1 period sma and 9 period sma will give us the desired result.(For a 12,26,9 MACD)

        The 1 sma will just hug the histogram(like the yellow line in my example)
        And the the 9 sma will lag a little behind and give us our crosses for direction changes.(White line)

        I have searched not only Esignal forums but many other forums looking for my MACD Scott. The RAVI.efs you have provided is a BIG step in the right direction thanks.

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        • #5
          more more more

          After playing with the code a little I realized the other difference is the color changes should be based on the crossovers not on the peaks and valleys of the histogram.

          I've said histogram so much I now feel like some golden grams.

          cheers

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          • #6
            another one

            another one
            Attached Files

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            • #7
              #2

              #2
              Attached Files

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