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Published:

2016.01.20 10:13

Updated:

2016.11.22 07:32

macdcandle.mq5 (7.77 KB) view

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The MACD indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the MACD indicator algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

Figure 1. The MACDCandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14378

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MACDCandle - indicator for MetaTrader 5