MACD settings

Alerts

  • When the histogram crosses zero
  • When the fast line crosses zero

Signals

Strong LongWhen the MACD line is rising and above the average line, and either Cross always strong is checked or the MACD line is above zero
Weak LongWhen the MACD line is below the average line and above zero and Cross always strong is not checked,
OR the MACD line is above the average line and below zero and Cross always strong is checked
NoneNever
Weak ShortWhen the MACD line is above the average line and below zero and Cross always strong is not checked,
OR the MACD line is below the average line and above zero and Cross always strong is checked
Strong ShortWhen the MACD line is falling and below the average line, and either Cross always strong is checked or the MACD line is below zero

Settings

FastThe MACD fast period, default 12
SlowThe MACD slow period, default 26
SmoothThe MACD smoothing, default 9
Show backgroundShow a background color when histogram crosses zero
Show bar colorsColor the bars based on the histogram
Up ColorThe bar color if the histogram is rising and above zero
Down ColorThe bar color if the histogram is falling and below zero
Cross always strongUncheck this box if you only want a histogram zero cross to generate a Strong Long signal if the MACD fast line is above zero and a Strong Short if the fast line is below zero. When checked a cross will always generate a Strong signal.