Daniel Lewis / Seller
Published products
![Traditional MACD MT4](https://c.mql5.com/31/29/traditional-macd-mt4-logo-200x200-7628.png)
MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This
FREE
![Line Break Chart MT4](https://c.mql5.com/31/18/line-break-chart-mt4-logo-200x200-5225.png)
This indicator displays a Line Break chart in the main chart window. To view the line break chart on its own, change the main chart window to display a Line Chart and then change the "Line chart" color to "None" in the F8 properties dialog. When scrolling, zooming in/out or changing the chart pair/timeframe, the indicator will resize the blocks on the next tick to fit the main chart viewing area. Line Break charts were invented in Japan and are similar to Point & Figure and Renko charts. A Japan
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