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MACDivergence MTF MT4

MACDivergence MTF MT4


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    Tags: multi-timeframe, Trend, MT4, oscillators, Commercial

MACDivergence MTF for Metatrader 4

Advanced ideas of the popular MACD indicator:

  1. It detects and displays classic and reverse divergences (three methods of detecting divergences).
  2. It uses different color to highlight an uptrend and a downtrend.
  3. Three methods of determining a trend:
    a) MACD crosses the 0 level (classic signal);
    b) MACD crosses its own average (early signal);
    c) the method offered by Elder in his book "The Strongest Signal in Technical Analysis".
  4. This is a multi-timeframe indicator: it can display MACD data from other timeframes.
  5. Two methods of drawing: classic histogram and line.
  6. It generates sound and visual signals when the trend is changed and the divergence is formed. It sends emails and push-notifications to mobile devices.


To buy the indicator, please go to the MQL5 Market at the link:

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Example Frame