JD: MACD Histo Red Metastock Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

JD: MACD Histo Red 
FstPds := Input("Fast EMA Pds",3,50,10);
SloPds := Input("Slow EMA Pds",3,50,5);
SigPds := Input("Signal-Line Pds",3,15,5);
LkBk := Input("LookBack Pds for Dots",10,90,40);
SnkP:=Input("Pct of LkBkMax for Dots",.5,10,5);

EMAdif := Mov(C,FstPds,E) - Mov(C,SloPds,E);
Signal := Mov(EMAdif,SigPds,E);
Histo := EMAdif-Signal;

Sink := HHV(Abs(Histo),LkBk)*SnkP/100;
Dlta := Histo - Ref(Histo,-1);
Up := If( Dlta > Sink, Histo, 0);
Dn := If( Dlta < -Sink, Histo, 0);

Up := If(Up <> 0, Up, If( Histo -
Ref(LowestSince(1, Up+Dn<>0, Histo),-1) 
> Sink, Histo, 0));
Dn := If(Dn <> 0, Dn, If( Histo -
Ref(HighestSince(1, Up+Dn<>0, Histo),-1) 
< -Sink, Histo, 0));

Histo; {thick dk.red bar}
Up; {thick green dot}
Dn; {thick red dot}
0 {thick dk.gray dot}

Author/Source: unknown

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