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MACD ALERT 4 COLORS

The MACD ALERT 4 COLORS is an indicator, that helps you to check MACD's value changes easily with 4 clear colors:

  • when MACD grows up and above 0, it will have green color
  • when MACD goes down and still above 0, it will have white color
  • when MACD goes down and below 0 value, it will have red color
  • when MACD grows up and below 0 value, it will have yellow color

The indicator also generates alerts for you, with two alert types (see screen shot):

  • Alert1: (true/false) the alert will trigger when MACD main line crosses the 0 value
  • Alert2: (true/false) the alert will trigger when MACD signal line crosses the MACD main line from above/below

You can choose any parameters for the MACD line you want (default is 12-26-9 MACD)

Thank you for your reading!


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