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 | Dsl - macd

MACD is usually calculated with an addition of one signal line

That is a long used trading system and has it's merits. But that way is somewhat lacking when it comes to ranging markets (it can not detect false signals in ranging market)
This version is using dsl (discontinued signal lines) and instead of using one signal line uses two. That way it sort of introduces levels as well as signal lines and, judging from tests, it seems to be better in avoiding false signals and it can be used in (short term) reversals detection. As usual, testing is advised before usage.

MetaTrader Experts, Indicators, Scripts and Libraries


17613

Best MetaTrader Indicators + Profitable Expert Advisors