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MACDwithColoredDiffHistogram

The Macd Signal with DIF line, DEA line and colored Macd Histogram.

The Moving Average Convergence Divergence Indicator (MACD) is both a trend–seeking and momentum indicator which uses several exponential moving averages set to closing prices to generate trading signals.

The Gray Line is the DIF line.

The Blue Line is the DEA line.

Version 2.0:

New features are added:

The indicator can show Classical bearish divergence, Classical bullish divergence, Reverse bearish divergence and Reverse bullish divergence now. 

When divergence occurred,  the indicator will draw divergence line on both main window and indicator window, and show the alter message.

Version 1.0:

The colored Macd Histogram is the diff of DIF and DEA line.

If DIF is larger than DEA, the  Macd Histogram colored Red, and is larger than 0.

If DIF is smaller than DEA, the  Macd Histogram colored Green, and is smaller than 0.

Try it, and pm me if you have any question.

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Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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