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where it is MACD line?
Signal LINE understand
As they decided to use a histrogram to represent the macd line, I think the visualization is to understand that the histogram pushing above the red signal line is a bullish crossover, and the histogram falling back below the red signal line is a bearish crossover. Then like the awesome oscillator...signal line moving above 0 is bullish momentum and signal line moving below 0 is bearish momentum.
Maybe they preferred histogram because it gives more conviction than seeing small noisy crossovers on two lines. A stronger redevelopment is the "macd impulse" as it removes false signals. I have not seen it coded in line form, so I might publish it.
What do you mean by slower macd?
The current one included with MT5.
The faster one is something like:
Code Base
ZeroLag MACD
Andriy Voitenko, 2010.08.23 15:57
The MACD oscillator with zero lag.