3 Color MACD MT4 Indicator – This indicator is just like the original MACD Indicator with three added colors. The closing price of the currency pair determines the value of the MACD and they are all based on exponential moving averages. To measure the strength and direction of a trend, you have to use MACD. The 3 Color MACD is variant from the original MACD in that the former plots the signal line and histogram.
How to Trade With 3 Color MACD:Buy Signal:
-Wait for the signal line to cross above the zero level. Sell Signal:
-Wait for the signal line to cross above the zero level.
3 Color MACD MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
3 Color MACD MT4 – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
3 Color MACD MT4 indicator for MetaTrader 4.mq4?Download indicator for MetaTrader 4.mq4
3 Color MACD MT4 to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on 3 Color MACD MT4 for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove 3 Color MACD MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
Select the Indicator and delete
Related Indicator: Trix With Alerts MetaTrader 4 Forex IndicatorDownload 3 Color MACD MetaTrader 4 Forex Indicator