Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | Normalizied MACD - self adjusting signal

MACD, as it is in its original state, is an unbound indicator. We already introduced a couple of versions that are normalized in order to have predictable bounds. This versions extends that more : it is adding self adjusting signal line to it and that (implicitly) introduces neutral zones too

Usage:

You can use it as any other MACD or use the color changes as signals

MetaTrader Experts, Indicators, Scripts and Libraries

PS: the "big picture" example too

MetaTrader Experts, Indicators, Scripts and Libraries

23600