MACDH‴ | MACD Colored Histogram

MACDH‴ is a Moving Average Convergence Divergence oscillator that allows you to have a better understanding and interpretation of its behavior once you are able to see different colored lines when it changes its direction.

It is interpreted as per the standard MACDH.

What is the best is that you can use it with any kind of graphic that it will always considere the real open, close, high and low trading values.

To have access to this indicator, please contact me at: contato @ moneywise . com . br

Believe me, this indicator will make your life much easier!

Versionsinformation:

Under validation

Versionsinformation:

This version of MACDH‴ our MACD Histogram is a standard MACD oscillator but this one allows you to have a better understanding and interpretation of its behavior once you are able to:

1. see colored lines when it changes its direction;
2. see colored arrow upward/downward when the Signal line crossover/crossunder the MACD line;
3. see colored histogram helps you see the wave reversal;
4. see the indicator with Ordinary or Directional Momentum OHLC values;
5. far right side of the indicator shows bars to that provides the buy/sell signal status:
- the right side bar shows if the indicator is on an upward (green color) or downward (red color) full trend for both lines and histogram;
- the left side bar shows if the indicator's trend is being threatened (yellow color).
- a par of arrows provide the trader the sense of histogram current bar Expansion bias (point top-up and bottom-down) or Contraction bias (point top-down and bottom-up)


Believe me, this indicator will make your life much easier!

To have access to this indicator, please contact DM me.