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newMACD - Indicator for MetaTrader 4

newMACD
TypeIndicators PlatformMT4 Version10 Date created 2 September 2015 Date updated 3 August 2017
Formatmq4 Size3.3Kb Downloads354 Rating
4.8 of 5
based on 80 rates

The indicator is developed for integration into the MT4 trading platform. It is a modified version of MACD, the classic tool for technical analysis, and relates to a trend group of indicators. Trading signals appear when the signal line crosses the histogram of MACD: from the bottom up - to sell, from top to bottom - to buy. This indicator also shows divergence.

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