MACD of RSI Adaptive EMA MT5 Indicator

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MACD (Moving Average Convergence Divergence) is, in its original form and by definition, using difference of two EMAs (Exponential Moving Average) to determine trend of the market. It is a good indicator with maybe one flaw : depending on the market conditions it sometimes tends to lag more than we are expecting it (in any average based indicators we always expect some lag). This version is attempting to address that issue

The calculation :

Instead of using “regular” EMA, this version is using RSI adaptive EMA (originally published here : RSI adaptive EMA ) in calculation. Since the EMA used is adaptive, that makes the macd adaptive too, and that can reduce the expected lag

Usage :

Three modes of coloring (signals) are provided :

  • coloring based on MACD slope
  • coloring based on MACD zero line cross
  • coloring based on MACD signal line cross

Depending on your trading style use the mode that suits you the best

MT5 Indicators – Download Instructions

MACD of RSI Adaptive EMA MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

MACD of RSI Adaptive EMA MT5 Indicator 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. Click here for MT5 Strategies

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How to install MACD of RSI Adaptive EMA MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download MACD of RSI Adaptive EMA MT5 Indicator.mq5
  • Copy MACD of RSI Adaptive EMA MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on MACD of RSI Adaptive EMA MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator MACD of RSI Adaptive EMA MT5 Indicator.mq4 is available on your Chart

How to remove MACD of RSI Adaptive EMA MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

MACD of RSI Adaptive EMA MT5 Indicator (Free Download)

Click here below to download:



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