This indicator adds a smoothing curve to the MACD.
It should be noted that the intersections of the black and red lines even on the current flat area will be quite effective. They also predict a long bearish candle on the right.
MT4 Indicators – Download Instructions
3-line MACD is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
3-line MACD provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install 3-line MACD.mq4?
- Download 3-line MACD.mq4
- Copy 3-line MACD.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on 3-line MACD.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator 3-line MACD.mq4 is available on your Chart
How to remove 3-line MACD.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download below: