OPEN-SOURCE SCRIPT
MACD Josh
MACD Study — Visual Crossover Tags
Overview:
This script displays MACD signals in a clear, visual way by showing:
Histogram = EMA(Fast) − EMA(Slow)
Signal = EMA(Histogram, Signal Length)
It adds labels and arrows to help you see crossover events between the Histogram and the Signal line more easily.
⚠️ Disclaimer: This tool is for educational and research purposes only. It is not financial advice or an investment recommendation. Past performance does not guarantee future results. Users should make their own decisions and manage risk responsibly.
Features
Central Zero Line with Signal and Histogram plots
Optional labels/arrows to highlight Histogram–Signal crossovers
Alerts for crossover and crossunder events, integrated with TradingView’s alert system
Standard adjustable inputs: Fast EMA, Slow EMA, Signal EMA
How to Interpret (for study only)
When the Histogram crosses above the Signal, a visual label/arrow marks a positive MACD event
When the Histogram crosses below the Signal, a visual label/arrow marks a negative MACD event
The “BUY/SELL” labels are visual study tags only — they do not represent trade instructions or recommendations
Responsible Usage Tips
Test across multiple timeframes and different assets
Combine with higher-timeframe trend, support/resistance, or volume for confirmation
Use alerts with caution, and always test in a demo environment first
Technical Notes
The script does not use future data and does not repaint signals once bars are closed
Results depend on market conditions and may vary across assets and timeframes
License & Credits
Written in Pine Script® v5 for TradingView
The indicator name shown on chart is for labeling purposes only and carries no implication of advice or solicitation
Overview:
This script displays MACD signals in a clear, visual way by showing:
Histogram = EMA(Fast) − EMA(Slow)
Signal = EMA(Histogram, Signal Length)
It adds labels and arrows to help you see crossover events between the Histogram and the Signal line more easily.
⚠️ Disclaimer: This tool is for educational and research purposes only. It is not financial advice or an investment recommendation. Past performance does not guarantee future results. Users should make their own decisions and manage risk responsibly.
Features
Central Zero Line with Signal and Histogram plots
Optional labels/arrows to highlight Histogram–Signal crossovers
Alerts for crossover and crossunder events, integrated with TradingView’s alert system
Standard adjustable inputs: Fast EMA, Slow EMA, Signal EMA
How to Interpret (for study only)
When the Histogram crosses above the Signal, a visual label/arrow marks a positive MACD event
When the Histogram crosses below the Signal, a visual label/arrow marks a negative MACD event
The “BUY/SELL” labels are visual study tags only — they do not represent trade instructions or recommendations
Responsible Usage Tips
Test across multiple timeframes and different assets
Combine with higher-timeframe trend, support/resistance, or volume for confirmation
Use alerts with caution, and always test in a demo environment first
Technical Notes
The script does not use future data and does not repaint signals once bars are closed
Results depend on market conditions and may vary across assets and timeframes
License & Credits
Written in Pine Script® v5 for TradingView
The indicator name shown on chart is for labeling purposes only and carries no implication of advice or solicitation
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Joshsniper4569
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Joshsniper4569
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.