This is the MACD Color HIstogram EMA that was kindly optimized by Mladen.

This indicator includes an array of useful options including:

• MACD Direction Change Alert
• MACD Signal Line Cross Alert
• MACD Zero Line Cross Alert
• Two Bars Direction Change Confirm
• Change Colors on Signal Cross
• Show Histogram or Lines

Thanks to Mladen for this nice version of the MACD.