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MACDivergence MTF MT5

MACDivergence MTF MT5


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    Tags: Commercial, MT5, multi-timeframe, Trend, oscillators

The "MACDivergence MTF" indicator for Metatrader 5 platform

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.

This indicator is the full analogue of the "MACDivergence MTF" for MetaTrader 4


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

Buy MACDivergence MTF MT5 customer indicator in the store selling algo trading systems
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Example Frame