CODEWITHSUNDEEP
pine-scriptpine-script-v5
Zesty
Zesty

Reputation: 2981

How can I write this statement in pinescript?

I want to write this ThinkOrSwim statement in Pinescript:

MACD.Diff()

I tried this:

MACD = ta.macd(close, 12, 6, 9)

ta.sma(MACD, 9)

But I get the below error:

Syntax error: Variables of array type are not supported!

What's the correct way to get the difference between MACD and its moving average in Pinescript?

Upvotes: 0

Views: 1098

Answers (1)

vitruvius
vitruvius

Reputation: 21121

ta.macd returns a tuple of three MACD series: MACD line, signal line and histogram line.

I believe what you are looking for is the histogram line.

//@version=5
indicator("My Script")
[macdLine, signalLine, histLine] = ta.macd(close, 12, 26, 9)
plot(histLine, color=color.red, style=plot.style_histogram)

enter image description here

Upvotes: 2

Related Questions