The simple MACD indicator with insert price on it. It helps trader easy to view overall price position in MACD indicator to minimize false signal.Thank you for reading this post, don't forget to subscribe!
If cross macd and signal lines, or macd is place on beyond or below signal, the position of the current price and shadow of the price (blue line) will help us to ensure the macd signals.
You can use it on any time frame for intraday trading or use it for identify trend of the market.
Many applicated and interpretation from it, example, you could find valuable trading zone if macd>0, position in opposite (or beyond signal line) with crossing down => indicated for sell, and reverse.
Or when macd cross signal but price still not move accordingly, it warn us to be carefully of very soon signal from macd.
It is one of the indicator i have used in my EA and could be
If you have any questions to me, want to use it you can post suggestion, request or comment!
MACD – Download Instructions
MACD is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.Subway 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 the software?
- Download the mq4 file from the zip file.
- Copy the mq4 file 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 the mq4 file.
- Attach to a chart
- Modify settings or press ok
- Indicator should be available on your Chart
How to remove tim.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
MT4 Indicators Download below: