MACD Crossing the zero level (color candles) – indicator MetaTrader 5

The “MACD Crossing the zero level” indicator uses the DRAW_COLOR_CANDLES style to draw areas, in which MACD is above or below the zero line.

In the indicator settings, you can select the MACD line to show areas for, i.e. the main or the signal line:

MACD Crossing the zero level (clr candles) Signal

Fig. 1. Displaying areas for the MACD signal line

MACD Crossing the zero level (clr candles) MACD

Fig. 2. Displaying areas for the MACD main line


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