Its another averaging of moving averages.
If shows green line, if buy signal only and red line in case of sell signal only.
Nothing new, just more clearly.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/9320
Classical MACD with Impulse System.Candlestick models for GBP/JPY for 9 years
An Expert Advisor uses the Candlestick Models for trading: Blending Candlesticks (Engulfing) and Hammer(inverted Hammer)/Shooting Star models