Volume is added for MACD Colored indicator. It gives further clarity on trend.

Volume is added for MACD Colored indicator. It gives further clarity on trend.

_SECTION_BEGIN("MACD");
r1 = Param( "Fast avg", 12, 2, 200, 1 );
r2 = Param( "Slow avg", 26, 2, 200, 1 );
r3 = Param( "Signal avg", 9, 2, 200, 1 );

MACDstyle = ParamStyle("MACD style");
Signalstyle = ParamStyle("Signal style");
Histstyle = ParamStyle("Histogram style", styleHistogram | styleThick | styleNoLabel, maskHistogram );

MACDcolor = ParamColor( "Macd One Color", colorRed );
Signalcolor = ParamColor( "Signal Color", colorBlue );
Histcolor = ParamColor( "Histogram One Color", colorRed );

TitleText = StrFormat("MACD " + "(%g,%g)", r1, r2);
PlotGrid( 0 );
_SECTION_END(); _SECTION_END ();

_SECTION_BEGIN("MACD Color");
dyncolorswitch = ParamToggle("Macd Color","On,Off");
dynamic_color = IIf( MACD(r1, r2) > Ref(MACD(r1, r2),-1), ParamColor("Macd Up Color", colorGreen ), ParamColor("Macd Down Color", colorRed ));
Plot( ml = MACD(r1, r2), TitleText, IIf(dyncolorswitch, MACDcolor , dynamic_color), MACDstyle );
Plot( sl = Signal(r1,r2,r3), "Signal" + _PARAM_VALUES(), Signalcolor, Signalstyle );
_SECTION_END(); _SECTION_END ();

_SECTION_BEGIN("Histogram Color");
Histogramswitch = ParamToggle("Histogram Color","On,Off");
Histogram_color = IIf( ml-sl > Ref(ml-sl,-1), ParamColor("Hist Up Color", ColorRGB(0,0,100) ), ParamColor("Hist Down Color", colorDarkRed ));
Plot( ml-sl, "MACD Histogram", IIf(Histogramswitch, Histcolor , Histogram_color), styleNoTitle | Histstyle );
_SECTION_END(); _SECTION_END ();

_SECTION_BEGIN("Buy Sell Arrows");
shapesSignalswitch = ParamToggle("Cross Signal Arrows","On,Off");
UPcolor = ParamColor( "UP Color", colorGreen );
DOWNcolor = ParamColor( "Down Color", colorRed );
Buy=Cross( MACD(), Signal() );
Sell=Cross( Signal(), MACD() );
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( IIf(shapesSignalswitch,-1e10,shape), IIf( Buy, UPcolor, DOWNcolor ));
_SECTION_END();

_SECTION_BEGIN("Fill Color");
m = MACD(r1, r2);
s = Signal(r1,r2,r3);
Cloudswitch = ParamToggle("Fill Color","On,Off");
dynamic_color = IIf( m > s, ParamColor("Down Color", ColorRGB(0,0,100) ), ParamColor("Up Color", colorDarkRed ));
PlotOHLC( IIf(Cloudswitch,-1e10,m),IIf(Cloudswitch,-1e10,m),IIf(Cloudswitch,-1e10,s),IIf(Cloudswitch,-1e10,m), "", dynamic_color, styleNoLabel | styleCloud );
_SECTION_END(); _SECTION_END ();

Buy=Cross( MACD(), Signal() );
Sell=Cross( Signal(), MACD() );



PlotShapes( IIf( Buy , shapeCircle, shapeNone ),            colorWhite, 0, Graph1 , 0  );
PlotShapes( IIf( Sell , shapeCircle, shapeNone ),            colorRed, 0, Graph1 , 0  );


_SECTION_BEGIN("VOLUME_Hight of Volume Bars Control");
PlotVOL = ParamToggle( "plot Volume?","No| Yes",1);
VolColor = (C>O OR (C==O AND (H-C)<=(C-L) ))*ParamColor( "VUpColor" ,colorGreen) +
(C<O OR (C==O AND
(H-C)>(C-L)) )*ParamColor( "VDnColor" ,colorRed) ;
VolScale = Param("1/Vol. Height (TimeBar chart)(fraction of
window) 5=1/5=20%",2, 1, 100, 1.0) ; // Timebars
if (PlotVOL >0)
{
Vheight = VolScale;
Plot(Prec(Volume ,0),"V",VolColor,styleNoTitle| styleOwnScale| styleNoLabel|styleThick| ParamStyle( "VStyle", styleHistogram,maskHistogram| styleNoLabel) ,Vheight ); }
_SECTION_END();