Hello,
I came across the following version of the MACD indicator on a youtube video(Please see link), which according to the commentator in the video, was used in a Forex trading competition.
Link to Youtube video showing the version of the MACD Indicator that was used in the trading competition:
https://www.youtube.com/watch?v=PFSBwyukk-0
Was wondering if this indicator could be developed with the option to choose the colour of the histogram, and the colour of the signal line.
Fxcodebase.com already has "half " of the indicator that is referred to in the video.
The name of the indicator in fxcodebase.com is " MACD_Colored_Histogram ".
Please see link:
viewtopic.php?f=17&t=68624&p=127218&hilit=20+in+1+macd#p127218
The only addition to this indicator that is needed is the choice to OVERLAY a second " MACD_Colored_Histogram ", with different settings, on the first histogram, as shown in the video.
Also would love the option to choose the type of moving averages for the MACD.
Fxcodebase.com already has an indicator titled MACD (20 in 1 MA), that allows the user to choose the moving average(s).
Please see link for MACD (20 in 1 MA):
viewtopic.php?f=17&t=2564&p=5712&hilit=MACD20IN1#p5712
Thanking you in advance.
Sincerely,
Merryl