OPEN-SOURCE SCRIPT
MACD Zero Line Candles + Alert
█ OVERVIEW
This indicator recolors your candles based on whether the MACD line is above or below the zero line.
Green candles: MACD line is above 0 (bullish)
Red candles: MACD line is below 0 (bearish)
No need to watch the MACD panel — the candle color tells you the trend bias at a glance.
█ HOW IT WORKS
• Uses standard MACD settings (12, 26, 9)
• Candles turn green when the MACD line is above zero
• Candles turn red when the MACD line is below zero
█ ALERTS
Two alert conditions are included:
• MACD Line Cross Above 0 Alert — triggers when the MACD line crosses above zero (bullish shift)
• MACD Line Cross Below 0 Alert — triggers when the MACD line crosses below zero (bearish shift)
█ NOTES
• This indicator tracks the MACD line (fast EMA minus slow EMA), not the signal line
• For signal line-based candle coloring, see my other script: MACD Signal Line Candles + Alert
• For zero line-based background coloring instead of candle coloring, see my other script: MACD Zero Line Background + Alert
This indicator recolors your candles based on whether the MACD line is above or below the zero line.
Green candles: MACD line is above 0 (bullish)
Red candles: MACD line is below 0 (bearish)
No need to watch the MACD panel — the candle color tells you the trend bias at a glance.
█ HOW IT WORKS
• Uses standard MACD settings (12, 26, 9)
• Candles turn green when the MACD line is above zero
• Candles turn red when the MACD line is below zero
█ ALERTS
Two alert conditions are included:
• MACD Line Cross Above 0 Alert — triggers when the MACD line crosses above zero (bullish shift)
• MACD Line Cross Below 0 Alert — triggers when the MACD line crosses below zero (bearish shift)
█ NOTES
• This indicator tracks the MACD line (fast EMA minus slow EMA), not the signal line
• For signal line-based candle coloring, see my other script: MACD Signal Line Candles + Alert
• For zero line-based background coloring instead of candle coloring, see my other script: MACD Zero Line Background + Alert
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。