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marketslave_
15 de Abr. de 2022 8:41

Moving Average Crossover Histogram Indicator 

Bitcoin / U.S. dollarBitstamp

Descripción

A modified version of the MACD indicator. As its name suggests, this is a moving average crossover indicator but the difference in values between moving averages is represented by a histogram. It subtracts the value of a fast MA and slow MA then the result is represented in a histogram which makes it easier for you to identify and visualize every moving average crossover.
If you use moving average crossover as your buy/sell signal this indicator is for you.
You could use this indicator instead of using two moving averages on your main chart. Really convenient, easy to use, and make your chart clutter-free. You could set the fast and slow MA values also the moving average types according to your trading style.
Hope you like it. :)

Notas de prensa

Added and edited some line of code so that both of the moving average mode can be changed independently.
Comentarios
RubicPattern
Thanks for this. Help visualize the signals better.
marketslave_
@RubicPattern, You're welcome. I hope you find this indicator useful.
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