RobotFX curates the best open-source MetaTrader code to inspire your trading automation.
Real author:
Cronex
The MACD Indicator, in which the price series is replaced by the series of values of the Chaikin 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 CronexChaikin indicator
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