indicator · own pane · open source

MACD Histogram

Deepwick · @deepwickv1Updated 2 Oct 2026▲ 0 users

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About

MACD Histogram alone — the gap between MACD and its signal line, plotted as columns. Bar colour flips are the momentum-shift alerts.

Positive columns = bullish momentum building.
Shrinking bars = momentum weakening.
Pair with MACD/Signal for full context.

Source code

//@version=5
indicator("MACD Histogram", overlay=false)
fast = input.int(12, "Fast Length", minval=2, maxval=100)
slow = input.int(26, "Slow Length", minval=2, maxval=200)
sig = input.int(9, "Signal Length", minval=2, maxval=50)
src = input.source("close", "Source")
[m, s, h] = ta.macd(src, fast, slow, sig)
hline(0, "Zero", color=color.gray, linestyle=hline.style_dotted)
p_Histogram = plot(h, "Histogram", color=h >= 0 ? color.green : color.red, style=plot.style_columns)
alertcondition(ta.crossover(h, 0), "Histogram crosses zero up", "MACD histogram turned positive")
alertcondition(ta.crossunder(h, 0), "Histogram crosses zero down", "MACD histogram turned negative")

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