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The indicator is attached to one chart and it shows the direction of the trend in accordance with MACD on all timeframes.
Up - Trend up
Down - Trend down
Up->Down - Rising trend but the interchange of the direction downwards is possible soon
Down->Up - Descending trend but the interchange of the direction upwards is possible soon
Classic MACD strategy made fully automatic – the MACD Expert Advisor for MT4 handles it all. Check it out.
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