Free code. thanx
@Jason Smith, see the new MACD_Singal_Line_color indicator. It changes color based on the slope and level conditions posted up top.
For manual trading, you can simply observe the color instead of squinting at the slope and 0 level.
For algorithmic trading, you can simply call the hidden color buffers instead of calling the line slope (indicator bar positions) and the line level.
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MACD Signal Line indicator for MT5:
A stripped-down (signal line only) version of Metaquotes' MACD indicator from the MT5==>Indicators==>Examples folder.
Author: Silk Road Trading LLC