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Saturday, 26 November 2022


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MACD Color Candles Indicator


The MACD Color Candles Indicator displays color candles corresponding to MACD bullish (green candles) / bearish (red candles) market conditions.

How to set up the MACD Color Candles indicator in MT5?

Installation Guide

Download the MACD Color Candles.rar archive at the bottom of this post, unpack it, then copy and paste the MACD Color Candles.ex5 or MACD Color Candles.mq5 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

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