Just a simple MACD (Moving Aveage Convergence Divergence) indicator made of RSI, but this time with adaptive period for the moving averages.

As usual, you can play with settings to find your best parameters to your own trading style.

Converted from a MQL4 version to prorealtime, by a request in the Spanish forum.

//PRC_MACD_RSI_Adaptive | indicator
//09.11.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//translated from MQL4 code

// --- settings 
//FastPeriod      = 14
//SlowPeriod      = 34
//SignalPeriod    =  9
//SignalMethod    = 1 //moving average type (1=EMA)
//RsiPeriod       = 14
// --- end of settings 

rrsi = rsi[RsiPeriod](close)
price = average[1](close)

if barindex>SlowPeriod then 
 //fastRema
 RSvoltl=abs(rrsi-50)+1.0
 multi=(5.0+100.0/rsiPeriod)/(0.06+0.92*RSvoltl+0.02*square(RSvoltl))
 fastalpha   = 2.0 /(1.0+multi*FastPeriod)
 fastRema = fastRema[1]+fastalpha*(price-fastRema[1])

 //slowRema
 slowalpha   = 2.0 /(1.0+multi*SlowPeriod)
 SlowRema = SlowRema[1]+slowalpha*(price-SlowRema[1])

 mmacd = fastRema-SlowRema
 signal = average[SignalPeriod,SignalMethod](mmacd)

 if signal>signal[1] then 
  r=50
  g=205
  b=50
 else
  r=255
  g=140
  b=0
 endif
endif


return mmacd coloured(100,100,100,100) style(histogram,1), mmacd coloured(192,192,192) style(line,3) , signal coloured(r,g,b) style(line,3)