MetaTrader 4 MT4 Indicators MACD Histogram WIS – indicator MetaTrader 4

MACD Histogram WIS – indicator MetaTrader 4

MACD lines and histogram for the Impulse trading system.

The idea:
  • Histogram down (current value less than previous) and line (specified by Line input) does down, the histogram is red – long trades are prohibited;
  • Histogram up (curerent value greater than previous) and line up, the histogram is green – short trades are prohibited;
  • Histogram down and line up (or reverse case) histogram is grey -no restrictions;

The Inertia is defined by Line input parameter:

  • 0 – MA(MAPeriod);
  • 1 – MACD line;
  • 2 – Signal signal line.

Other input parameters:

  • FastMA – Period of Fast Moving Average;
  • SlowMA – Period of Slow Moving Average;
  • SignalMA – Period of the Signal Line;
  • MAPeriod – Period of Moving Average if Line = 0;
  • MAMethod – Averaging Method (MODE_EMA by default);
  • MAAppliedPrice – Applied Price (PRICE_CLOSE by default);
  • Line – described above;
  • DigitsInc – Precision format Digits + DigitsInc
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MACD Histogram WIS

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