MACD MA Based Trend Indicator
It is a flexibly configurable trend indicator, its information is displayed in a compact form in a chart corner.
It includes two indicators that show the trend based on the MA, and three indicators that show the trend based on MACD. All time parameters are flexibly adjustable to fit your trading style.
Colored rectangles show where the price is, relatively to MA or MACD:
- Red - the price is below the MA.
- Green - the price is above the MA.
- Orange - the price is on the MA curve.
Figures next to the rectangles show the number of points that the price has made away from the MA curve.