Simple trend indicator.
Originally this indicator has been written in MQL4 and was first published in the Code Base on 05.02.2008.
Figure 1. The Loco indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14403
The Exp_MACD-2 Expert Advisor based on signal entry taken from the MACD-2 indicator.MACD-2_HTF
The MACD-2 indicator with the timeframe selection option available in input parameters.