macd multiple timeframe

MACD Alert indicator MTF

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New MACD indicator with alerts. Giving a signals when MACD crossover zero level or signal line and drawing arrows on main chart window.

I added additional dash line for easy spotting hidden divergence.

projectreaper_macd_alert_indicator

Settings :

EMA settings of  MACD

Alerts Zero level crossing level signals

Signal line crossing

UP and Down signals filter

And alerts types from arrows on chart to mail notifications.

projectreaper_macd_alert_indicator_settings

 

UPD:

New version with multiple timeframe usage

macd multiple timeframe

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Thank you guys for your donations it showing me what my indicators are helping you with trading!

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Software Name
Projectreaper MACD Alert indicator
Terminal
Metatrader4
Software Category
Forex Indicator
Price
USD 0
Official Page
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MQLDev

RETAIL FOREX TRADER
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I don't accept broker's rules for trading - I making my own.

make your own automated strategies without programming skills
Donation for supporting free version of the trade manager and indicators


Last donators:
31. Haruto T. $15
30. Helen L. $45
29. Peter H. $180
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7 comments

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  • looking great!!


  • Wonder which time frames it works on best?
    Thank you for the indicator !!!


    • I like more h1 but you should use trading method which fit perfectly for you only we are different. Just follow one rule – your take profit should be more than your stop-loss.

      Read about MACD trading signals more like zero cross, signal line cross, cup signals, divergence etc. MACD it’s nice indi for any trading process.


  • Is it free? why The arrows do not appear.


    • Yep it’s free. Arrows drawing only when NEW trading signal is forming.


  • Information on indicators


    • This is standard MACD trading algorithm if you don’t know how to use the indicator read about more. You can find tonns of MACD strategies including the signals, trend filtering and divergence trading.

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Donation

Donation for supporting free version of the trade manager and indicators









Last donators:
31. Haruto T. $15
30. Helen L. $45
29. Peter H. $180

Thank you guys!