Log-space MACD — Indicator by fskrypt

macd logscale log

This indicator is identical to regular MACD indicator except it is calculated in log space, which is useful for looking at long-term trends.

Release Notes:

add optional buy/sell signals

Release Notes:

update example chart

Release Notes:

update example chart again

Release Notes:

use ratios instead of hard offsets when plotting signals

Release Notes:

Improve EMA degradation qualities in the beginning of the chart and add optional Ehlers Super Smoother filter

Release Notes:

add a comment

Release Notes:

drop 1st candle for stability in the beginning

Release Notes:

change indicator colors, update chart

Release Notes:

update colors to make this script more usable in dark mode

Release Notes:

update study title

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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