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Certainly. Here's the explanation in English: This program is a custom indicator that calculates the MACD (Moving Average Convergence Divergence) and shows the crossovers between the MACD and Signal lines. Here are the main functions of the program: MACD Calculation: Calculates the difference between the Fast EMA (Exponential Moving Average) and Slow EMA. This difference forms the MACD line. Signal Line Calculation: Creates the Signal line by taking a simple moving average (SMA) of the MACD valu
This advanced MACD indicator retains the basic functions of the standard MACD while offering several additional features: Histogram Coloring: The histogram uses four different colors to clearly show increases and decreases. Light green for increasing positive values, gray for decreasing positive values, red for decreasing negative values, and orange for increasing negative values. Signal Line Crossover Arrows: Displays arrows for buy-sell signals at points where the MACD line crosses the signal