MACD and Volume Indicators Download for MetaTrader 5 – Free – [TFlab] – MT4/MT5 Resources

The MACD ( Moving Average Convergence Divergence ) and Volume indicators combine essential technical analysis concepts. This indicator provides important insights into trend strength or weakness and potential trend reversals by analyzing the convergence and divergence of moving averages .

MACD and Volume Indicator Specification Sheet

General specifications MACD and Volume indicators are shown in the table below.

Uptrend Conditions

The price chart below illustrates the EUR/AUD currency pair on a 15-minute time frame. When the histogram bar moves to the zero line , and the volume oscillator also signals divergence , it indicates strong bullish momentum and can be considered a signal for Entry .

downtrend conditions

The price chart below shows Solana (SOL/USD) on a 5-minute time frame. When histogram bars drop below the zero line , the volume oscillator also signals divergence , and it can be regarded as a signal Sell .

Indicator Settings

The image below shows the list of all customizable options for MACD and Volume indicators MetaTrader 5 :

• Fast EMA period : fast EMA period to 12;
• Slow EMA period : Slow down the EMA period to 26;
• Signal SMA period : The signal SMA period is 9;
• Applied price : Applied price;
• Type of volume : Type of volume;
• Theme : Display Theme.

Conclusion

The MACD and Volume indicators are key tools for technical analysis . While MACD determines price movement and trend strength , the volume component confirms trend continuation. The combination of these indicators enhances analysis accuracy and trend identification .