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TSD_PP_MACD_FORCE_Ind_v1 - Indicator for MetaTrader 4

TSD_PP_MACD_FORCE_Ind_v1
TypeIndicators PlatformMT4 Version10 Date created10 February 2014 Date updated 7 August 2017
Formatmq4 Size4Kb Downloads55 Rating
3.39 of 5
based on 28 rates

This is a trend indicator, which is based on the histogram MACD data on the weekly chart and the oscillator Force Index on the day chart.

How it works:

  • If there is a strong trend in the market, the bars are painted in red or green, depending on the fall or growth.
  • If the price fluctuates slightly, the bars will be gray.

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