everget/tradingview-pinescript-indicators

A collection of the various technical indicators implemented in Pine Script Language

tradingview-pinescript-indicators's Issues

Regarding MACD histogram Pine Script

For the last few days, I've been trying to plot specific information on the chart but it did not go through well.. I would be grateful if anyone could help me with that...

I am trying to spot the highest bar within the completed MACD histogram(above 0), and the lowest bar within the completed MACD histogram(below 0). I have attached a screenshot for reference. After spotting the last 2 highest(or lowest), I would draw a trend line of them..

/////The code is here. I have separated the +,- histogram, and put dots above and below of +,- histogram

//@Version=4
study(title="My MACD", shorttitle="My MACD", overlay=true)

// Getting inputs
fast_length = input(title="Fast Length",
type=input.integer, defval=12)
slow_length = input(title="Slow Length",
type=input.integer, defval=26)
src = input(title="Source", type=input.source,
defval=close)
signal_length = input(title="Signal Smoothing",
type=input.integer, defval = 9)

// Calculating
fast_ma = ema(src, fast_length)
slow_ma = ema(src, slow_length)
macd = fast_ma - slow_ma
signal = ema(macd, signal_length)
hist = macd - signal

// Plot colors
col_grow_above = #26A69A
col_grow_below = #FFCDD2
col_fall_above = #B2DFDB
col_fall_below = #EF5350
col_macd = #0094ff
col_signal = #ff6a00

//////////////////////////////////////// Plot ////////////////////////////////////////////////////

// Dots(+histogram and -histogram)
plotshape(hist>=0, "Dots histogram +", color=color.green, style=shape.cross, location=location.top)
plotshape(hist<=0, "Dots histogram -", color=color.red, style=shape.cross, location=location.bottom)

// +Histogram and -histogram
plot(hist, title="Histogram +", style=plot.style_columns, color=(hist>=0 ? (hist[1] < hist ? col_grow_above : col_fall_above) : na), transp=0 )
plot(hist, title="Histogram -", style=plot.style_columns, color=(hist<=0 ? (hist[1] < hist ? col_grow_below : col_fall_below) : na), transp=0 )