Indicators: MACD Four Colors Arrow
Hello, why nobody build MACD based on 3rd gen MA ?
https://www.mql5.com/en/code/1576
Can You try it ? re-write it ?
3rd Generation Moving Average
- www.mql5.com
The Moving Average which uses quite a simple procedure on decreasing temporal lag based on the increase of the Moving Average period.
If the current macd bar opens lower than the previous it must be a buy only if the histogram is below zero and the opposite for sell
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MACD Four Colors Arrow:
A series of indicators 'Four Colors'. Signals are now 'Arrow' in the main window
Author: Vladimir Karputov