ZeroLag MACD Color - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
1. Added the color of the histogram bars relative to the previous bar chart.
2. Multiply the FastEMABuffer and SlowEMABuffer values by 100. The review authors claim that this aids signal interpretation. Although the bar coloring is already very clear.
The original indicator was published by Collector .
The full description can be found on the original page.
ZeroLag MACD Color (in a separate indicator window) :-)
Attachment download
📎 ZeroLag_MACD_Colored.mq4 (4.4 KB)
Source: MQL5 #8703
ZeroLag MACD Color - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
ZeroLag MACD Color - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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