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2015.12.04 09:45
Indicators

FatlMacdCandle - indicator for MetaTrader 5

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\MQL5\Include\
fatlmacd.mq5 (8.23 KB)view

The FatlMacd indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the FatlMacd algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

Fig.1. The FatlMacdCandle indicator

Fig.1. The FatlMacdCandle indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14151

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The indicator draws JFatlCandle indicator candlesticks of a higher timeframe as color filled rectangles using DRAW_FILLING buffers.