OPEN-SOURCE SCRIPT

Adaptive MACD

Introducing the "Adaptive MACD" indicator, an innovative and user-friendly script that utilizes the PeacefulIndicators library to provide traders with a dynamic and responsive version of the classic MACD indicator. This script effectively adapts the MACD calculation to account for the dominant market cycle, offering improved signals to help you make better-informed trading decisions.

The Adaptive MACD indicator incorporates the following features:

A selection of customizable input parameters, allowing you to adjust the short length, long length, signal length, and the dynamic high and low values to suit your individual trading preferences.

A visually appealing and informative display, using different colors to highlight MACD line crossovers and histogram bars, making it easier to interpret the indicator's signals.

The core functionality of the Adaptive MACD is powered by the macdDynamicLength function from the PeacefulIndicators library, ensuring accurate and reliable calculations.

To start using the Adaptive MACD indicator in your trading analysis, simply add the script to your chart, and customize the input parameters as needed. We hope this script, built upon the PeacefulIndicators library, proves to be a valuable addition to your trading strategy.

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