OPEN-SOURCE SCRIPT

Normalized MACD with RSI [bkeevil]

This indicator normalizes the MACD and RSI indicators to a range between -1.0 and 1.0 so they can be displayed together on the same chart to save screen real-estate.

While the MACD is a good indicator to detect trend changes, in some circumstances (such as a sideways range market) it can give false signals. The MACD is more likely to give a false signal when the RSI indicator is close to the centerline than if the RSI is signaling an overbought or oversold condition. Thus the RSI indicator and MACD indicator are commonly used together.

I have included a few features found in other MACD indicators that I have found helpful:
  • MACD line changes color if it is rising or falling
  • Dots at the MACD line to signal crossovers


The MACD signal line is hidden it by default as the information it contains is redundant. Hiding the signal line makes the indicator less busy.
Moving Average Convergence / Divergence (MACD)Relative Strength Index (RSI)

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?

Penafian