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MACD Without the Histogram?

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Q: Steve F. writes in:

"Is there a way to separate the MACD lines form the histogram to get a clearer picture?"

A: Yes there is.  There are three things you can do depending on your needs:

  1. If you just want to see the histogram and not the other lines, choose "MACD Histogram" from the Indicators dropdown instead of MACD.
  2. If you just want to see the MACD Line, only enter 2 parameters in the Parameters box.  Leave off the third one.
  3. If you are a member and you want both the MACD Line and the signal line, only enter 2 parameters in the Parameters box (like with #2) but then use the "Overlays" dropdown (in the "Advanced Options" area) to add back the 9 period EMA.

Here's a chart that shows all three possibilities:

Sc
Click on the chart to see a live version.

 

Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site. Learn More
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Here's one more way to do it which gives clearer signals because it adds a black line to the histogram. http://stockcharts.com/h-sc/ui?s=$HUI&p=D&b=5&g=0&id=p57234142665
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