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MARCD

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Moving Average Convergence / Divergence (MACD) logscale
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macd logscale
Relative MACD

It is a modification of the MACD for a logarithmic scale that measures the percentage of convergence / divergence of moving averages.

MARCD can be used as standard MACD (optional).
Release Notes:
No significant changes: edit the code header.
Release Notes:
No changes: chart correction.
Release Notes:
Improved calculations. Migration to Pine 5.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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