The indicator shows support and resistance levels.
Like all simple things, sometimes these indicators are very useful, the indicator shows support and resistance and makes it obvious at a glance (programmed style with a "mild" to not be very invasive but useful).
At the right time you will also find a comment that will show you the last maximum and the last minimum, the public in this indicator to return to the open source community of MQL4 a small part of what I've got and the guys who are part taught me.
The indicator is all yours enjoy it.
The indicator shows the distance between the open price and 3 different exponential moving averages (EMAs) in pips.MACD_2ToneColor
Custom MACD indicator with 2 tone color (MACD Up and MACD Down colors).