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MACD Paintbars

The Moving Average Convergence Divergence (MACD) is among the most commonly known indicators. However, the interpretation of this trend indicator is often difficult to interrupt when day trading, and is also known for giving false signals at extremes. That’s why we’ve included an Average Directional Index (ADX) competent to this indicator, to help identify points in a market where MACD should not be traded. This indicator will paint the bars both green and red during a trend, and grey when trading should be avoided.

Single Indicators
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Day TradingInvestingSwing Trading
Analysis Method

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