BarionQuant Macd Histogram 4 Color

BarionQuant MACD Color Lite displays a custom four-color MACD histogram that makes momentum shifts easy to read at a glance. DIF and DEF lines are included; divergence detection is reserved for the paid Divergence Pro edition.

HOW IT WORKS

  • DIF = Fast EMA(12) minus Slow EMA(26)

  • DEF = Smoothed signal line of DIF

  • Energy = (DIF − DEF) × 2, split into four histogram colors:

    • Above zero, lengthening → red (momentum building)

    • Above zero, shortening → aqua (momentum fading)

    • Below zero, lengthening → green (downside building)

    • Below zero, shortening → gold (downside fading)

WHO IS THIS FOR

  • Traders who want a cleaner MACD read than the default MT5 histogram

  • MACD users who compare momentum bar length bar-by-bar

  • Divergence Pro prospects evaluating BarionQuant visuals first

PARAMETERS

  • Fast EMA (12), Slow EMA (26), Signal (9)

  • Show upgrade hint (links to author profile)

This is an indicator only — no trading logic. For pivot-based RSI/MACD divergence with trend lines and alerts, see Divergence Pro on the author's profile.


Tags: macd, color histogram, momentum, dif, def, oscillator, free
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