MultiMACDSignal - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
MultiMACDSignal displays information about the current trend using six values of the Smoothed Convergence and Divergence Moving Average indicator obtained on different time frames.
Each MACD indicator corresponds to one of six indicator lines. If the MACD histogram is above its signal line, the line is green; if it is below its signal line, the line is pink. Colored dots appear on the line when the bar of the relevant time frame changes.
Figure 1 MultiMACD Signal Indicator
Attachment download
📎 multimacdsignal.mq5 (19.52 KB)
Source: MQL5 #1041
MultiMACDSignal - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
MultiMACDSignal - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator 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 only on titles or short-term profit descriptions.
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