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The indicator alerts you when the market price crosses your line level (adjustable). You can change color, thickness and default pip distance for the line via the parameter in input tab (see the screenshot and video below). Parameters line_color : color for the line to be drawn line_thickness : thickness of the line sound : name of sound file if you want it to play at crossing time default_distancepip : at the first times you add the indicator on chart, it will use this param to draw the line
The MACD ALERT 4 COLORS is an indicator, that helps you to check MACD's value changes easily with 4 clear colors: when MACD grows up and above 0, it will have green color when MACD goes down and still above 0, it will have white color when MACD goes down and below 0 value, it will have red color when MACD grows up and below 0 value, it will have yellow color The indicator also generates alerts for you, with two alert types (see screen shot): Alert1 : (true/false) the alert will trigger when MACD