In contrast with the standard MACD histogram, the JMA smoothing is used in all three averagings.
It can be very useful, especially when working with highly volatile currency crosses.
The indicator uses CJJMA class of the SmoothAlgorithms.mqh library. The use of this class is described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/434
RSI indicator applied to MACD clearly shows the current price divergence.PCCI
PCCI (Perfect Commodity Channel Index) is a high frequency part of the price fluctuations normalized using the standard deviation.