MACD histogram with bars coloring according to Elder Impulse System.
This indicator was first implemented in MQL4 and published in Code Base 16.05.2012 (in Russian).
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”.
Elder Impulse System - indicator MetaTrader 5 Elder's Impulse System Impulse System for the price bars Bullish price bar: (13-period EMA > previous 13-period EMA) and (MACD-Histogram…
