MACD

ZeroLag MACD – indicator MetaTrader 5

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ZeroLag MACD
This oscillator is MQL5 version of ZeroLag MACD indicator, published in Russian section of MQL4 CodeBase. This indicator provides a signal few bars earlier, compared with standard MACD and its divirgence is much more clear.   Calculation: ZeroLAG MACD(i) = (2*EMA(Close, FP, i) – EMA(EMA(Close, FP, i), FP, i)) – (2*EMA(Close, SP, i) – EMA(EMA(Close, … Read more

MACD Histogram, multi-color [v04] – indicator MetaTrader 5

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MACD Histogram, multi-color
Real author: traderak20, based on MACD.mq5 by MetaQuotes, Copyright 2009, MetaQuotes Software Corp. A MACD indicator with histogram to show the difference between the MACD and Signal lines. For the calculation of the MACD line you can choose from the usual price types. For the calculation of the Signal line yo can choose between SMA … Read more

MACD Histogram, multi-timeframe, multi-color [v03] – indicator MetaTrader 5

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MACD Histogram, multi-timeframe, multi-color
This MACD indicator can be applied to any timeframe, higher or lower than the current chart’s timeframe. The values can be calculated based on any of the usual price types. When the indicator is applied to a timeframe lower than the current chart’s time frame it’s not possible to display all values. In this case, … Read more

MQL5 Wizard – Trade Signals Based on Crossover of Main and Signal lines of MACD indicator – EA MetaTrader 5

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Figure 1. Trade signals, based on crossover of main and signal MACD lines
MQL5 Wizard provides the automatic creation of Expert Advisors (see MQL5 Wizard: Creating Expert Advisors without Programming). Here we will consider the trading signals, based on crossover of MACD indicator lines. The strategy called “Signals based on crossover of main and signal MACD lines” (when creating EA automatically in MQL5 Wizard). The main line of … Read more

Ergodic MACD Oscillator Blau_Ergodic_MACD – indicator MetaTrader 5

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Erogdic MACD Oscillator by William Blau
Author: Andrey N. Bolkonsky Ergodic MACD Oscillator by William Blau is described in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_Ergodic_MACD.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Erogdic MACD Oscillator by William Blau Calculation: Ergodic MACD Oscillator is defined as follows: Ergodic_MACD(price,r,s,u) = … Read more