MACD Elder Pulse Max - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

MACD histogram with bar coloring according to the Elder Impulse system.
The indicator was first implemented in MQL4 and published in the code base on May 16, 2012 (in Russian).
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of these classes is described in detail in the article " Averaging price series for intermediate calculations without using additional buffers ".

MACD Elder Pulse Max
Attachment download
📎 macd_elder_impulse_max.mq5 (9.19 KB)
📎 smoothalgorithms.mqh (133.8 KB)
Source: MQL5 #970
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