MACD built out of two Arnaud Legoux Moving Average lines of different periods. The signal line is still an EMA of the MACD line, just like with the normal MACD.
Colors are picked to be friendly with partial colorblindness, and can be modified in the indicator settings.
I use the exact same neon flashy green and pink for my indicator lines! I was inspired by the cover of an album called Skunk of the early 80s Dutch band Doe Maar…….just so you know ;-) Also curious to find how an ALMA MACD performs. Thnx!
Damians
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I love the colors, like 80' videogame, in a EGA graphics card ...