On Screen MACD MT5 Indicator

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The On screen MACD indicator is drawn on the main price chart. Slow ЕМА is used as the zero line.

It has four adjustable parameters:

  • Fast EMA period
  • Slow EMA period
  • Signal period – signal line calculation period
  • Applied price – price used for calculation

Calculations:

MACD = EMA(Applied price, Fast EMA period)
Zero = EMA(Applied price, Slow EMA period)
Signal = Zero + SMA(RAW, Signal period)
Histogram = Zero + MACD – Signal

where:

RAW = MACD – Zero

MT5 Indicators – Download Instructions

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

On Screen MACD 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 On Screen MACD MT5 Indicator.mq5 to your MetaTrader 5 Chart?

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

How to remove On Screen MACD 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

On Screen MACD MT5 Indicator (Free Download)

Click here below to download:



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