Here is a MACD with tons of options. Here are some of its features:
1. It colorizes MACD histogram, using 4 colors: for positive rising MACD (strong up-trend), for positive lowering MACD (reversed up-trend), for negative
lowering MACD (strong down-trend) and for negative rising MACD (reversed down-trend)
2. It shows the general trend, calculated on slow EMA
3. It shows the second signal SMA, which many people like to use for confirming the signal
4. It shows price breaks of slow EMA, which can be used for tracking Triangle of Flag patterns
5. It shows the height of MACD waves
6. It detects price bullish and bearish divergence
1. It colorizes MACD histogram, using 4 colors: for positive rising MACD (strong up-trend), for positive lowering MACD (reversed up-trend), for negative
lowering MACD (strong down-trend) and for negative rising MACD (reversed down-trend)
2. It shows the general trend, calculated on slow EMA
3. It shows the second signal SMA, which many people like to use for confirming the signal
4. It shows price breaks of slow EMA, which can be used for tracking Triangle of Flag patterns
5. It shows the height of MACD waves
6. It detects price bullish and bearish divergence