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is 1 step above the"MACD 2 Colour HISTOGRAM.mq4"
in that it can disable lines.
Atatched is picture of standard MACD, MACD 2 Colour HISTOGRAM and MACD Adjustable (from top to bottom)
All settings are 8,17,9.
Is it because of the 2 lines enabled, the histogram is much smaller than the standard MACD? easier to spot divergences if same size.
So many people fall into this trap, look at the standard MACD at the top the histogram in that MACD is the 2nd line in the other MACD's, the standard MACD does not have a Histogram set up like the other 2 it is merely a line and Histo representation of the 2 lines in the other MACD's. The top Blue MACD Histo the middle MACD Blue line and the bottom MACD Green line are all the same level, if you changed the top MACD Histo to LINE it would look like the 2 lines in the lower 2 MACD's, i hope this helps clarify things