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Views:: 8769
Rating:: (19)
Published:: 2018.01.22 09:20

MACD Crossing the zero level (color candles).mq5 (14.85 KB) view

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The "MACD Crossing the zero level" indicator uses the DRAW_COLOR_CANDLES style to draw areas, in which MACD is above or below the zero line.

In the indicator settings, you can select the MACD line to show areas for, i.e. the main or the signal line:

MACD Crossing the zero level (clr candles) Signal

Fig. 1. Displaying areas for the MACD signal line

MACD Crossing the zero level (clr candles) MACD

Fig. 2. Displaying areas for the MACD main line

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19302

MACD Crossing the zero level

Displays areas, in which the MACD indicator crosses the zero line.

An abstract trading robot, an OOP pattern

An example of a template for developing automated trading systems.

Statistics of candles

Counting the number of series of bullish and bearish bars. Displaying the result as a chart. Saving the screenshot of the resulting chart. The script uses the CGraphic class.

WPRValues

The indicator shows a text block with the values of the user defined WRP oscillator period for each timeframe.

MACD Crossing the zero level (color candles) - indicator for MetaTrader 5