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Brilliant MACD Trend Indicator

Brilliant MACD Trend Indicator 

This indicator shows the Up/Down trend calculated on a specific Time Frame defined by the user.

The trend is shown in color coding for easy identification.

The indicator allows the user to define all the parameters for MACD.

The indicator has two modes: 

  1. Mode 0: Whenever the Main Signal is higher/lower than the Signal, it shows an up/down trend but differs in its strength.
  2. Mode 1: Whenever the Main Signal is higher/lower than Zero, it shows an up/down trend but differs in its strength.

Example: User can show the trend calculated from a Daily (D1) chart on the H4 chart.

NOTE: Required Time Frame must be higher than the chart current time frame, otherwise the indicator will draw nothing.

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版本 1.1 - 2013.12.23
Optimized drawing performance.