Macd averages tape lines alert arrows .ex4 is an indicator based on the famous MACD with an alert that notifies a line penetration 0. it is simple to use in forex trading primarily as a filter purchase and sell signals. as we can have SEVERAL kinds of signals.
Information about indicator :
- Type of indicator: signal trend indicator
- Platform: Metatrader 4
- Currency pairs: Any (EURUSD, USDJPY)
- Trading Time: Any
- Timeframe: Any, recommended 4h and 15 minute
the characteristics of this indicator are:
- is not a repaint indicator
- trend indicator
- SIGNAL
- ARROWS
- MACD signals
- isé to use for forex trader
disadvantages of indicator are:
- the false signal in low range
How to trade with this indicator?
sell after the red color signal alert and buy after bleu alert signal arrow
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