MACD_Signal_Divergence - MetaTrader 5 Script - MT4/MT5 Resources
The custom MACD_Signal_Divergence indicator draws the signal line of the MACD indicator in a separate window and displays the found divergence both on the indicator window and on the price chart.
Unlike the standard MACD, this indicator only draws signal lines.
The indicator has six configurable parameters:
Attachment download
📎 macd_signal_divergence.mq5 (28.81 KB)
Source: MQL5 #19957
MACD_Signal_Divergence - MetaTrader 5 script usage and screening suggestions
MACD_Signal_Divergence - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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