Chart Window MACD - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
You can see how the MACD works on major price charts.
Equivalent #1:
MACD Oscillator: The MACD line crosses the signal line.
MACD_CW: The indicator red line crosses the price bar.
Example in the picture: red vertical line.
Equivalent #2:
MACD Oscillator: The MACD line crosses zero.
MACD_CW: The indicator silver line crosses the price bar.
Example in the picture: silver vertical lines.
Equivalent #3:
MACD Oscillator: The signal line crosses zero.
MACD_CW: The red line of the indicator crosses the silver line of the indicator.
Example in the picture: blue vertical line.
Attachment download
📎 macd_cw_mashhadi.mq5 (4.57 KB)
Source: MQL5 #41270
Chart Window MACD - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Chart Window MACD - 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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