MACD-2 - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
This Moving Average Convergence Divergence indicator takes the form of a colored cloud, and the difference between the MACD and signal lines takes the form of a color histogram.
The indicator was originally written in MQL4 and first published in the code base of mql4.com on October 31, 2007.
Figure 1. MACD-2 indicator
Attachment download
📎 macd-2.mq5 (6.91 KB)
Source: MQL5 #2061
MACD-2 - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
MACD-2 - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. 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 on titles or short-term profit descriptions.
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