Asymmetrical RSI is an indicator that computes a custom relative strength index from the rate of change of a user-selected source. It plots the resulting ARSI line in a separate pane with color coding that turns green above the overbought level and red below t
Indicator · Pine Script v6 · Own pane
MACD
This indicator plots a standard MACD oscillator in a separate pane.
GitHub stars55on the repository
Pine versionv6current
Lines of code22
Settings0inputs
LicenceApache-2.0
Last update6 months ago20 Apr 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
22 lines of Pine Script v6 from public/indicators/macd.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=6
indicator("MACD", overlay=false)
// MACD Inputs
fast_length = 12
slow_length = 26
signal_length = 9
// Calculation
[macdLine, signalLine, histLine] = ta.macd(close, fast_length, slow_length, signal_length)
// Plotting
plot(macdLine, color=color.blue, title="MACD Line")
plot(signalLine, color=color.orange, title="Signal Line")
// Histogram with color based on value
histColor = histLine >= 0 ? (histLine > histLine[1] ? #26A69A : #B2DFDB) : (histLine < histLine[1] ? #EF5350 : #FFCDD2)
plot(histLine, color=histColor, style=plot.style_columns, title="Histogram")
hline(0, "Zero Line", color=color.gray)
//plotchar(hist >= 0 and hist[1] < hist, title = "Bullish", style = shape.triangleup, location = location.belowbar, color = #26A69A)
//plotshape(hist >= 0 and hist[1] < hist, title = "Bullish", style = shape.triangleup, location = location.belowbar, color = #26A69A)
Overview
MACD calculates the MACD line, signal line, and histogram from the close using fixed lengths of 12, 26, and 9. It draws the MACD line in blue and the signal line in orange, plus a column histogram whose color depends on the histogram's sign and whether it is rising or falling. A gray zero line marks the baseline. Lengths are hardcoded, so there are no user settings. It does not place trades or alerts.
- Blue MACD line
- Orange signal line
- Color-coded histogram columns
- Gray zero baseline
- Fixed 12, 26, and 9 lengths
Details
Published by
dcaoyuan on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
aicharttradingvibepinescripttechnical-analysispinestock
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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