MACD Overlay MT5 Indicator

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Indicator MACD Overlay displays the chart as colored candles according to the data from oscillator MACD.

It has five adjustable parameters:

  • Data MACD Compare mode – MACD data comparison mode
    • MACD and signal Lines – MACD line and signal line
    • MACD vs zero line – MACD line referred to zero
    • Current and previous MACD values – comparing the current and previous values of the MACD line
  • MACD fast EMA period – MACD indicator’s fast EMA calculation period
  • MACD slow EMA period – MACD indicator’s slow EMA calculation period
  • MACD period signal line – MACD indicator’s signal line calculation period
  • MACD applied price – MACD indicator’s calculation price

MT5 Indicators – Download Instructions

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

MACD Overlay 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 Overlay MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download MACD Overlay MT5 Indicator.mq5
  • Copy MACD Overlay 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 Overlay MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator MACD Overlay MT5 Indicator.mq4 is available on your Chart

How to remove MACD Overlay 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 Overlay MT5 Indicator (Free Download)

Click here below to download:



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