New free code from MQL5: indicators, EAs, and scripts for traders.
Real author:
Cronex
The MACD Indicator, in which the price series is replaced by the series of values of the Accelerator Oscillator technical indicator. It is drawn in the form of a colored cloud.
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The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Figure 1. The CronexAC indicator
Complement community code with advanced automation from RobotFX.
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