Look at the standard indicator called 'Moving Average of Oscillator' - Sometimes called MACD Histogram in some systems.
And an example EA that uses it here
-BB-
This idea is is so damn brilliant, someone else already invented it ;)
Hello,
May be on of the answer is here :
https://www.mql5.com/en/forum/120003
but for I think is one of the problem is also the way to draw candle : if we do it in the subwindow, we must use Function Object .
so at the moment I can show in the normal Candle the Macd like this :
this is a sample Candle with open close High and Low but if you see the shadow sometimes it's blue and sometimes it's black that means : the fast lines crosses over the slow lines (blue) and the opposite (black )
but the real problem here is the candle represent only open and Close, it means there is a lot of variation
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Hello ;
My target is to make a candle basing on Macd indicator, so I would like to keep Close -High -Low like a normal chart but for the open I use the difference between slow and fast signal on Macd
so my idea is like that : if slow > fast (buy) I calculate the open like that : Close -(difference between the 2 lines on macd ) so we report the macd difference on chart
so here is the simple code and the idea is to draw a Candle basing on indicator like MACD
the problem is the way to report the macd as a Candle !!
did you have an idea ??