The MACD indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the MACD indicator algorithm.
In many situations, such approach may be more informative for the purpose of analysis.
Figure 1. The MACDCandle indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14378
The Exp_LeManTrend EA is based on the signals generated by the LeManTrend oscillator.LeManTrend_HTF
The LeManTrend with the timeframe selection option available in the input parameters.