MACD Best
Created on 6/15/2014 8:06:14 PM
MACD main line crosses signal with main line being at least +3 for Sell and -3 for buy, AND 50SMA is above 100SMA = BUY, 50SMA is below 100SMA = SELL.
This indicator can be used as a signal provider for
LOCTrader Expert Advisor.
EURUSD
USDJPY
GBPUSD
USDCHF
M1
M5
M15
M30
Hourly
H4
Daily
Buy Signals
Main MACD Crosses Signal from below
MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Crosses from Bottom to Top
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Main MACD Line is below -2.5
MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Below
Constant (Horizontal line) Value: -2.5
50SMA is bove 100SMA
Moving Average 50 Simple Close
Is Above
Moving Average 100 Simple Close
Sell Signals
Main MACD Crosses Signal from above
MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Crosses from Top to Bottom
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Main MACD Line is above 2.5
MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Above
Constant (Horizontal line) Value: 2.5
50SMA is below 100SMA
Moving Average 50 Simple Close
Is Below
Moving Average 100 Simple Close
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This is a custom indicator for Metatrader 4 platform. To use it you need:
- Download this indicator and copy into your metatrader experts/indicators folder.
- Restart your Metatrader 4 terminal.
- Indicator will appear under Custom Indicators section. Attach the indicator on the chart.