OPEN-SOURCE SCRIPT
Moving Average Convergence Divergence TIME
Overview
This is a customized MACD (Moving Average Convergence Divergence) indicator for TradingView, labeled "MACDH" on the chart, with a few enhancements beyond the stock MACD.
Core Components
MACD Calculation
Uses a fast moving average (default 12) and slow moving average (default 26), both configurable as EMA or SMA
MACD line = Fast MA − Slow MA
Signal line = moving average of the MACD line (default 9-period, EMA or SMA)
Histogram = MACD line − Signal line
Multi-Timeframe Support
You can calculate the MACD on a different timeframe than the chart itself (e.g., view 5-minute chart but calculate MACD on 1-hour data) via request.security
A "Wait for timeframe closes" toggle lets you choose between using the confirmed (closed) value of the higher timeframe or the live, repainting value
Color-Coded Histogram
Dark teal: histogram is positive and rising
Light teal: histogram is positive but falling
Light red: histogram is negative but rising
Dark red: histogram is negative and falling
This gives a quick visual read on momentum direction, not just above/below zero
Plots
Histogram as columns
MACD line
Signal line (orange)
Zero line for reference
Alerts
Fires when the histogram crosses from positive to negative ("rising to falling")
Fires when the histogram crosses from negative to positive ("falling to rising")
Timeframe Watermark
Displays a small label on the chart (e.g., "1H", "4H", "1D") showing which timeframe the MACD is actually being calculated on — useful since it can differ from the chart's own timeframe
Position (corner) and font size are both configurable
In short: it's a standard MACD with configurable multi-timeframe calculation, momentum-based histogram coloring, crossover alerts, and an on-chart label confirming which timeframe is driving the calculation.
This is a customized MACD (Moving Average Convergence Divergence) indicator for TradingView, labeled "MACDH" on the chart, with a few enhancements beyond the stock MACD.
Core Components
MACD Calculation
Uses a fast moving average (default 12) and slow moving average (default 26), both configurable as EMA or SMA
MACD line = Fast MA − Slow MA
Signal line = moving average of the MACD line (default 9-period, EMA or SMA)
Histogram = MACD line − Signal line
Multi-Timeframe Support
You can calculate the MACD on a different timeframe than the chart itself (e.g., view 5-minute chart but calculate MACD on 1-hour data) via request.security
A "Wait for timeframe closes" toggle lets you choose between using the confirmed (closed) value of the higher timeframe or the live, repainting value
Color-Coded Histogram
Dark teal: histogram is positive and rising
Light teal: histogram is positive but falling
Light red: histogram is negative but rising
Dark red: histogram is negative and falling
This gives a quick visual read on momentum direction, not just above/below zero
Plots
Histogram as columns
MACD line
Signal line (orange)
Zero line for reference
Alerts
Fires when the histogram crosses from positive to negative ("rising to falling")
Fires when the histogram crosses from negative to positive ("falling to rising")
Timeframe Watermark
Displays a small label on the chart (e.g., "1H", "4H", "1D") showing which timeframe the MACD is actually being calculated on — useful since it can differ from the chart's own timeframe
Position (corner) and font size are both configurable
In short: it's a standard MACD with configurable multi-timeframe calculation, momentum-based histogram coloring, crossover alerts, and an on-chart label confirming which timeframe is driving the calculation.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。