ZeroLag MACD MT5 Indicator

Unlike the standard MACD, the indicator has a smaller lag and three lines:

1. The MACD line;
2. A signal line;
3. Histogram.

The histogram can serve as a leading signal – the histogram color changes before the intersection of the MACD and signal lines.

The indicator has four input parameters:

• Period of the Fast EMA – fast EMA period;
• Period of the Slow EMA – slow EMA period;
• Period of the signal line – the signal line period;
• Applied price – indicator calculation price.

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(Free MT5 Indicators Download)

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ZeroLag MACD MT5 Indicator