MACD ColorHist Alert indicator: one of the best oscillators

MACD ColorHist Alert indicator - is a modification of one of the most popular oscillators MACD.

In the MACD ColorHist Alert indicator, the bars of the histogram change color depending on its direction:

• red bars - the histogram decreases;
• blue bars - the histogram is growing.

Additionally, the MACD ColorHist Alert indicator has a customizable alert system, which notifies the trader about:

• the change of direction of the histogram;
• crossing the zero line by the histogram;
• The histogram is crossed by the signal line.

According to the experts of fortrader.org magazine, the MACD ColorHist Alert indicator is one of the best modifications of the standard MACD oscillator. By replacing the classic indicator with its advanced version you can increase the efficiency of trading strategiesThe "trend indicator + MACD" combination is used.

Download MACD ColorHist Alert indicator

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