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Re: MACD indicators for MT4

mrtools, Fri Feb 24, 2023 9:07 am

AteszBatesz wrote: Fri Feb 24, 2023 3:06 am Hello

I have found an exciting indicator at Tradingview somebody can help to convert to mt4.
https://www.tradingview.com/v/qt6xLfLi/

Thanks
Impulse MACD

Think this version is fairly close.

The Impulse MACD is a customised version of MACD, created by filtering values within MA's of High and Low range. This helps to reduce whipsaws associated with sideways markets and is displayed as a histogram. To provide additional insight, the traditional MACD-Signal histogram is also plotted. This should be used in the same way as a traditional MACD – such as zero line crossing or signal crossing.

Colors legend

Impulse MACD colors:

  • Lime
  • Green
  • Orange
  • Red

The colors above are based on the Impulse MACD's position with respect to MidLine (Zero line) and the Maroon Signal line.

The histogram in Blue represents the ImpulseMACD - Signal.
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