I have been looking for some time (off and on over several months) for a straight MACD Histogram.
I want the true histogram, not just a histogram of the MACD.
Every version I have found with the MACD Histogram (eg MACD True) always plots the MACD lines at the same time, but i would like the Histogram without the MACD lines.
What I am wanting is the scaling to be based on the MACD Histogram - so just colouring the MACD Lines "none" is not a solution.
Assistance would be greatly appreciated
BTW I am not a programmer so cannot write code
can you explain what do you mean by
I want the true histogram
MACD is often plotted as a histogram, which is just filling in one of the lines under the MACD, so is still just a MACD.
This is what MT4 thinks is a MACD histogram and is not what I am looking for.
The true MACD histogram is a histogram of the distance between the moving averages.
So every time a MACD crossover occurs, the MACD histogram crosses the zero line.
if the attachment comes out I want the histogram not the lines around it
anothe shot at attaching this time as .gif
Thank you very much, was looking under indexes for MACD histogram etc.
Exactly what I wanted
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