MACD_with_Crossing - MetaTrader 5 Script - MT4/MT5 Resources
Real author:
A variation on the MACD theme, using colored bars as entry and exit signals. The MACD cloud color corresponds to the trend direction.
The indicator was first implemented in MQL4 and released in the code base on July 20, 2008.
Figure 1 MACD_with_Crossing indicator
Attachment download
📎 macd_with_crossing.mq5 (12.64 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #1691
MACD_with_Crossing - MetaTrader 5 script usage and screening suggestions
MACD_with_Crossing - 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 on titles or short-term profit descriptions.
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