Forex TSD PP MACD FORCE Ind v1 Indicator

Forex TSD PP MACD FORCE Ind v1 Indicator:

A trend indicator with three states. During strong trends it colors bars in red or green depending on fall or rise. If there are no strong trends, the bar is gray.

The indicator is based on the values of the MACD histogram on a weekly chart and the Force Index oscillator on a daily chart. Green bars occur during the growth of the MACD histogram and fall of the oscillator below zero, and red color appears when the histogram falls and the oscillator moves above zero.

Test results:

Forex TSD PP MACD FORCE Ind v1 Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)

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