Robot catalog

MACD_Colored_v103 - Indicator for MetaTrader 4

MACD_Colored_v103
TypeIndicators PlatformMT4 Version10 Date created30 November 2014 Date updated 3 August 2017
Formatmq4 Size13.4Kb Downloads338 Rating
3.6 of 5
based on 81 rates

The presented indicator is a new version of MACD Colored. The green bars are a growing trend; the red ones are a falling one. In addition, the indicator displays certain areas with letters:

  • RT or RB means a round top or the formed base;
  • TC means a long trend;
  • ZB - a rebound from zero;
  • VT or VB - a double top (V-shaped) or a base.

Share

Most popular robots

bbma
MT4
Indicator
bbma
Trading Robot
MT4
Indicator
VWAP
MBFX Timing
MT4
Indicator
MBFX Timing