MACD rising-falling indicator: profit has a color

Indicator MACD rising-falling is a graphical modification of the standard MACD indicator The MACD rising-falling indicator colors the bars of the histogram in different colors depending on their location relative to the zero line. The MACD indicator colors the bars of the histogram in different colors depending on their location relative to the zero line and the increase or decrease of the histogram.

Among other things, the experts of ForTrader.org want to note that indicator MACD can be transformed into a standard OsMA indicatorrepresenting a smoothed MACD, with the same characteristics.

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Other modifications of the MACD indicator