Tipu MACD MetaTrader 4 Forex Indicator

Tipu MACD MetaTrader 4 Forex Indicator is one the popular indicators in the market. MACD is a Momentum Oscillator that is calculated by subtracting the two price moving averages calculated on the price. It is one of the simplest indicators which provides best of both trend and momentum.

You can read about Tipu MACD on our article.

This Tipu MACD option is for learning purposes and is open for anyone who is interested in developing an Expert Advisor using this indicator. Here is an Example: how to use Tipu MACD in an Expert Advisor.


int iSignal, //signals iTrend; //trend //--Method#1 iSignal = iCustom(_Symbol,_Period,"Tipu MACD",2,12,26,9,PRICE_CLOSE,"",1,5,clrBlue,clrRed,true,true,"",1,false,false,false,7,0); iTrend = iCustom(_Symbol,_Period,"Tipu MACD",2,12,26,9,PRICE_CLOSE,"",1,5,clrBlue,clrRed,true,true,"",1,false,false,false,8,0); if (iSignal == OP_BUY) //for sell use OP_SELL { } if(iTrend == OP_BUY) //for sell use OP_SELL { }

//--Method#2 bool BuySignal = iCustom(_Symbol,_Period,"Tipu MACD",2,12,26,9,PRICE_CLOSE,"",1,5,clrBlue,clrRed,true,true,"",1,false,false,false,9,0); bool SellSignal = iCustom(_Symbol,_Period,"Tipu MACD",2,12,26,9,PRICE_CLOSE,"",1,5,clrBlue,clrRed,true,true,"",1,false,false,false,10,0);


Tipu MACD MetaTrader 4 Forex Indicator

Tipu MACD MT4 Indicator – Download Instructions

In order to transform accumulated history data, you need to install a MetaTrader 4

Tipu MACD - 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.

How To Install Tipu MACD MT4 indicator for MetaTrader 4.mq4?

Download indicator for MetaTrader 4.mq4
Copy Tipu 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 Tipu 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 Tipu 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
“Indicators list”
Select the Indicator and delete

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Download Tipu MACD MetaTrader 4 Forex Indicator