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2011.08.18 12:52

ColorMACD - indicator for MetaTrader 5

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votes: 14

Standard MACD histogram with coloring (the signal line is colored in red or lime according to the current trend direction). The indicator allows to select averaging algorithm for the histogram itself.

Indicator uses the СMoving_Average class of the SmoothAlgorithms.mqh library. Working with that class was described in details in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".


Translated from Russian by MetaQuotes Software Corp.
Original code:

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