OPEN-SOURCE SCRIPT
Grimes Modified MACD + Highest / Lowest Momentum Indicator
Modified MACD without histogram, using SMA instead of EMA and a higher and lower band to make it easy to compare the current momentum push to the last momentum push.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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