OPEN-SOURCE SCRIPT

MACD Split (Top/Bottom)

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MACD Split Indicator Explanation

This script separates the MACD into two clean panels:

Top Panel (Mode = Top)

Plots the MACD line and the Signal line.

Used to analyze crossovers and trend direction.

Bottom Panel (Mode = Bottom)

Plots the Histogram (MACD – Signal) and its EMA smoothing.

Used to analyze momentum strength and early shifts.

You can load the same indicator twice:

Set one to Top mode → shows only MACD & Signal lines.

Set the other to Bottom mode → shows only Histogram & EMA.

This way, you get a clear split view without overlapping everything in one chart.

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