Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7136
Simple indicator with great potential for the analysis of data and its use.Custom MACD
Displays the difference between the long-term and short-term market sentiments relative to the price.
Displays the situation when the directions of price movement and technical indicators do not coincide. This is mostly seen when the indicator reaches an overbought or oversold area (20;80).3end
Shows when to buy and when to sell. Position is opened when the indicator color changes: if there is a green dot - buy, if there is a red dot - sell.