This is a normal MACD with Histogram. It’s really simple coding but helpfull. I’m not testing on MT5 but i think it’s ok with that. Let me know if you’re tested.
MT4 Indicator Download – Instructions
MACD+Histogram is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
MACD+Histogram provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install MACD+Histogram.mq4?
- Download MACD+Histogram.mq4
- Copy MACD+Histogram.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on MACD+Histogram.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator MACD+Histogram.mq4 is available on your Chart
How to remove MACD+Histogram.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: