More new indicators for Metatrader 5 have been posted recently:
1. Market Profile Virgin POC, Enthios Universal System (author - vdv2001)
This indicator is based on the Enthios universal system. The system is based on trading the bounces from areas of strong support/resistance which is described in detail here.
You can customize some properties, i have added translation:
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(Indicator is posted here)
2. Color MACD (author - Mladen)
MACD stands for Moving Average Convergence / Divergence and shows the difference between a fast and slow exponential moving average (EMA) of closing prices. MACD is a very popular technical analysis indicator that is used in many trading strategies (including mine :) ). The standard MACD indicator in Metatrader 5 has only 1 color, this one has 4 which you can customize as you want.
![Color MACD for Metatrader 5 Color MACD for Metatrader 5](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrCuih6PwUsEK95UeTdZ8AAUApYrKywb6WnG86I70_LgHRUF1uDje4yatiPLd-DPS_PyXYtqqvptgHxWb5ButvZzjQSVFH34v7pYoCladp_7b7erz5GmtnuUm-yUi-rrychSDdD-jsX6N6/s400/metatrader5_color+macd.gif)
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(Indicator was originally posted here)
3. Tape MACD (author - Mladen)
This is a "tape like" MACD. The difference between the MACD and the signal line is plotted as a tape instead of plotting two separate lines. You can customize the MACD variables and the colors.
![Tape MACD for Metatrader 5 Tape MACD for Metatrader 5](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimpfXjt32RHXPVCUF60h82fgRqHLY6M-94nKPYZpypYeop5fe4aMi4LHP70vj0bn0O4IVdWaIY29BAfWmzNEKZmi3q2BjbIRcfd00QJOFL5uzy7Q2B8jMxS8Y8G179a3NjTm5TqrXgOxpu/s400/tape_macd_metatrader5.gif)
Download
(Indicator was originally posted here)
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