This indicator is identical to regular MACD indicator except it is calculated in log space, which is useful for looking at long-term trends.
Versionshinweise:
add optional buy/sell signals
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update example chart
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update example chart again
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use ratios instead of hard offsets when plotting signals
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Improve EMA degradation qualities in the beginning of the chart and add optional Ehlers Super Smoother filter
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add a comment
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drop 1st candle for stability in the beginning
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change indicator colors, update chart
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update colors to make this script more usable in dark mode
Versionshinweise:
update study title