
Alerts
- When the histogram crosses zero
- When the fast line crosses zero
Signals
Strong Long | When 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 Long | When 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 |
None | Never |
Weak Short | When 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 Short | When 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
Fast | The MACD fast period, default 12 |
Slow | The MACD slow period, default 26 |
Smooth | The MACD smoothing, default 9 |
Show background | Show a background color when histogram crosses zero |
Show bar colors | Color the bars based on the histogram |
Up Color | The bar color if the histogram is rising and above zero |
Down Color | The bar color if the histogram is falling and below zero |
Cross always strong | Uncheck 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. |