PROTECTED SOURCE SCRIPT

KMAC

By KobraTrading
This is a heavily modified MACD indicator that includes two different measurements, either regular, or weighted. Weighted is either EMA or KAMA dependent. I personally only use this in certain scenarios but it has proved handy for overall trend as it's slower.

This indicator also has a colorized histogram for the rising/falling of momentum, as well as arrows and crosses to indicate the "death" crosses, "golden" crosses, and falling above/below the "0-Line". 0-Line is embedded into the indicator as well, the user need not worry about drawing it on top of the indicator.
kmackmacdkobratradingMoving Average Convergence / Divergence (MACD)
KobraTrading

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