3 Timeframe MACD

3 Timeframe MACD Indicator
This indicator provides a multi-timeframe visualization of the MACD (Moving Average Convergence Divergence), enabling traders to analyze momentum and trend signals effectively across different timeframes.

Key Features:
Multi-Timeframe Capability:

Timeframe 1: Automatically uses the chart's current timeframe and displays the MACD Histogram along with the MACD line and Signal line.
Timeframe 2: A user-defined timeframe (default: 4 hours) displays both the MACD line and Signal line for trend and crossover analysis.
Timeframe 3: Another user-defined timeframe (default: 1 day) also displays the MACD line and Signal line, with increased line thickness for emphasis.
Dynamic Histogram Plot:

Timeframe 1's histogram is color-coded:
Green shades for positive values (brighter for increasing momentum).
Red shades for negative values (darker for increasing negative momentum).
Customizable MACD Parameters:

Adjustable Fast Length, Slow Length, and Signal Length to tailor the MACD calculation to specific trading styles or assets.
Clear and Distinct Visualizations:

Timeframe 1 includes the MACD Histogram with MACD and Signal lines for a detailed momentum view.
Timeframes 2 and 3 highlight the MACD and Signal lines in distinct colors for easy differentiation.
Use Case:
Ideal for traders seeking to monitor momentum changes (via Histogram) and trend/crossover signals (via MACD and Signal lines) across the current and two higher/lower timeframes.
Enhances decision-making by providing multi-timeframe confluence for trend-following or countertrend strategies.
This indicator is particularly useful for traders looking for a streamlined way to incorporate multi-timeframe analysis into their trading workflow.