MACD with Histogram – indicator MetaTrader 5

This indicator modifies the original MACD.mq5 from MetaTrader 5 Indicators/Examples folder.

It presents MACD Main and Signal in Lines Style, and includes the MACD Histogram in visualization.

Periods of EMA Fast, EMA Slow and Signal are freely customizable, as well as applied price.

Input parameters:

input int                InpFastEMA=12;               // Fast EMA period
input int                InpSlowEMA=26;               // Slow EMA period
input int                InpSignalSMA=9;              // Signal SMA period
input ENUM_APPLIED_PRICE InpAppliedPrice=PRICE_CLOSE; // Applied price

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Alternative:   ChandelierExit_Candle - indicator MetaTrader 5