MACD + Sideways Market Detector - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
This is the standard MACD indicator, which draws two flat lines instead of signal lines. It allows you to detect and trade flat/range markets.
This is nothing spectacular. I created it just to run some tests, but it may be useful to others.
Attachment download
📎 MACD_FlatMarketDetector.mq4 (4.08 KB)
Source: MQL5 #10765
MACD + Sideways Market Detector - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
MACD + Sideways Market Detector - MetaTrader 4 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 on titles or short-term profit descriptions.
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