Indicators: ZZ_YZ_MDAC_ELDER 1-1000

[Automated-Trading]

ZZ_YZ_MDAC_ELDER 1-1000:

The MDAC indicator with bar coloring according to Elder.

• Green bars - uptrend;
• Blue bars following green or red bars - trend change;
• Red bars - downtrend.

Author: Nikolay Kositsin

[KKAAZZOO]

I express my gratitude to the developer, but the indicator shows incorrect data when comparing it with the original reference indicator from Elder himself.

[Dmitry Fedoseev]

with the Elder colouring, nobody said it was the same indicator.