WatchCat TV MACD

WatchCat TV MACD is a visual MetaTrader 4 oscillator based on classic MACD math. It shows a four-color histogram with tight gutters, a blue MACD line, an orange Signal line, and a blinking bead on the latest near-zero golden or death cross.

The histogram uses canvas drawing so columns stay compact and easy to read. Default calculation is EMA 12 minus EMA 26, with a Signal line of EMA 9. A simple moving average option is also available for the oscillator and the Signal line if you prefer that style.

This product is visual only. It never opens or closes trades, never shows popups, never sends alerts, and does not use a DLL. Add it to a chart when you want a clean MACD picture with a clear near-zero cross highlight.

Features

  • Classic MACD: EMA12 minus EMA26, Signal EMA9 (SMA option)
  • Four-color histogram with tight gutters (canvas)
  • Blue MACD line plus orange Signal line
  • Blinking bead on the latest near-zero golden or death cross
  • Visual only, no popups, no alerts, never trades, no DLL

Inputs

  • Fast Length (default 12) — fast MA period
  • Slow Length (default 26) — slow MA period
  • Signal Smoothing (default 9) — signal MA period
  • Oscillator MA Type (EMA or SMA)
  • Signal Line MA Type (EMA or SMA)
  • Use closed bars only — evaluate the latest completed bar
  • Near-zero mode — points or ATR multiple, to decide when a cross is near zero
  • Show latest glowing cross bead, bead colors, size and blink interval
  • Histogram colors for grow/fall above and below zero
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