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ALYAS Classic MACD

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Published: 15 September 2026

Current version: 1.0

ALYAS Classic MACD

Indicators
Salim Alyas Rasho
Salim Alyas Rasho
Norway

403
I develop practical technical indicators for MetaTrader 5 under the ALYAS brand, with a focus on clear visualization, simplicity, and ease of use.
My goal is to create reliable and useful trading tools that help traders analyze the market with greater clarity and efficiency.
Version: 1.0

ALYAS Classic MACD

ALYAS Classic MACD is a MetaTrader 5 indicator based on the classic MACD calculation, presented with a color-coded histogram, MACD and Signal lines, a zero line, and an integrated information dashboard.

The indicator calculates MACD using configurable Fast EMA, Slow EMA, and Signal periods. The histogram uses four visual states based on its position relative to zero and its movement compared with the previous histogram value.

The optional dashboard provides a compact view of the current MACD conditions, including Market State, Bias, Trend, Momentum, MACD value, Signal value, Histogram value, and Strength.

MACD Display

The indicator displays:

* MACD line

* Signal line

* Zero reference line

* Four-state color-coded histogram

The histogram distinguishes between bullish and bearish conditions while also showing whether the histogram is increasing or decreasing.

Dashboard

The optional dashboard displays the current MACD information directly on the chart.

Market State is classified as:

* BULLISH when MACD, Signal, and Histogram are all above zero

* BEARISH when MACD, Signal, and Histogram are all below zero

* NEUTRAL otherwise

Bias displays:

* BUY when MACD, Signal, and Histogram are all above zero

* SELL when MACD, Signal, and Histogram are all below zero

* WAIT otherwise

Trend is determined from the MACD and Signal values:

* BULLISH when both are above zero

* BEARISH when both are below zero

* FLAT otherwise

Momentum compares the current histogram value with the previous histogram value:

* RISING when the current histogram is higher

* FALLING when the current histogram is lower

* NEUTRAL when the values are equal

The dashboard also displays the current MACD, Signal, and Histogram values.

Strength

The dashboard calculates a relative strength percentage from the absolute Histogram value compared with the absolute MACD value.

The resulting value is limited to a range from 0% to 100% and is displayed together with a visual strength bar.

Customization

The indicator provides settings for MACD periods, histogram colors, MACD and Signal line colors, zero line color, dashboard visibility, dashboard position, dashboard size, and dashboard appearance.

The dashboard layout and font sizes are dynamically adjusted according to the selected dashboard dimensions.

ALYAS Classic MACD is an analytical display indicator. It does not execute trades or place orders.

Key Features.

* Classic MACD calculation

* Configurable Fast EMA period

* Configurable Slow EMA period

* Configurable Signal period

* MACD line

* Signal line

* Zero reference line

* Four-state color-coded histogram

* Bullish rising histogram state

* Bullish falling histogram state

* Bearish falling histogram state

* Bearish rising histogram state

* Optional integrated dashboard

* Market State classification

* BUY / SELL / WAIT Bias classification

* Bullish / Bearish / Flat Trend classification

* Rising / Falling / Neutral Momentum classification

* Current MACD value

* Current Signal value

* Current Histogram value

* Relative Strength percentage from 0% to 100%

* Visual Strength bar

* Adjustable dashboard position

* Adjustable dashboard width and height

* Customizable dashboard colors

* Dynamic dashboard font sizing

* Separate-window oscillator display

* No automatic trade execution

Inputs / Settings.

MACD Settings

FastPeriod = 12

SlowPeriod = 26

SignalPeriod = 9

Histogram Colors

BullColor = LightSeaGreen

BearColor = Tomato

BullWeakColor = CadetBlue

BearWeakColor = FireBrick

MACD Line Colors

MACDLineColor = LightSeaGreen

SignalLineColor = Tomato

ZeroLineColor = DimGray

Dashboard Settings

ShowDashboard = true

DashboardCorner = Left Upper

DashboardX = 1

DashboardY = 100

DashboardWidth = 300

DashboardHeight = 400

Dashboard Colors

DashboardBackground = Black

DashboardBorder = DimGray

DashboardTitle = White

DashboardText = Silver

DashboardValue = White

DashboardSeparator = DimGray

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ALYAS Classic MACD

Salim Alyas Rasho