Traditional MACD MT4

4.58

MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This can be confusing for people new to MetaTrader 4/5 since the MACD line is displayed as a histogram and no true MACD histogram is available.

This indicator displays MACD as it was defined by its creator (Gerald Appel) and how it appears in other charting software. The MACD line is computed as the difference between a "fast" EMA and a "slow" EMA. The Signal line is an EMA of the MACD line. The MACD Histogram is the difference between the MACD/Signal lines (the MACD Histogram by itself can be used reliably for divergence signals).

True/False switches enable you to display/hide the MACD/Signal lines and the MACD Histogram.

Reviews 90
orlan2b
74
orlan2b 2025.02.05 16:50 
 

¡ Excelente indicador lo recomiendo 100%, Solo es cuestion de ajustarlo a los parametros mas indicados para las Operativas y da buenos resultados !!!

Seyed Alireza Hojjatoleslami
197
Seyed Alireza Hojjatoleslami 2023.11.12 03:13 
 

I use Hidden Divergence and it works very well. Thank you. i check too much indicator and never find like this

Michael Nunn
137
Michael Nunn 2023.09.20 01:44 
 

Great indicator, thanks. On the chart divergence lines are really good. Works well.

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orlan2b
74
orlan2b 2025.02.05 16:50 
 

¡ Excelente indicador lo recomiendo 100%, Solo es cuestion de ajustarlo a los parametros mas indicados para las Operativas y da buenos resultados !!!

Mars9999
24
Mars9999 2024.09.13 23:27 
 

works as shown in the description, very useful!

vandreifx
224
vandreifx 2024.05.18 09:34 
 

User didn't leave any comment to the rating

Calix Fujimoto
467
Calix Fujimoto 2024.05.08 10:07 
 

User didn't leave any comment to the rating

26718445
14
26718445 2024.04.10 06:12 
 

The movement is heavy.

jaewon yang
266
jaewon yang 2024.02.25 10:07 
 

User didn't leave any comment to the rating

Seyed Alireza Hojjatoleslami
197
Seyed Alireza Hojjatoleslami 2023.11.12 03:13 
 

I use Hidden Divergence and it works very well. Thank you. i check too much indicator and never find like this

Umit Ege
120
Umit Ege 2023.10.02 16:44 
 

User didn't leave any comment to the rating

Michael Nunn
137
Michael Nunn 2023.09.20 01:44 
 

Great indicator, thanks. On the chart divergence lines are really good. Works well.

SAMEERAOUDI1979
14
SAMEERAOUDI1979 2023.08.30 12:05 
 

thanks

Amin Moayyeri
58
Amin Moayyeri 2023.05.11 12:34 
 

thanks

joesign
16
joesign 2022.11.25 00:36 
 

Very goodo indicator, usefull. We can see the convergence and divergence oportunities.24 11 2022 20h36m.

Ko-saku Takagita
448
Ko-saku Takagita 2022.11.05 02:34 
 

User didn't leave any comment to the rating

francesco12
99
francesco12 2022.10.22 10:16 
 

Indicatore eccezionale anche sul tf a 5 m

Mauro Giuseppe Tondo
2009
Mauro Giuseppe Tondo 2022.09.28 02:10 
 

good

Rich C
28
Rich C 2022.09.20 16:16 
 

great stuff!!

Joaquim Gonzales II
39
Joaquim Gonzales II 2022.08.04 09:30 
 

User didn't leave any comment to the rating

John Winsome Munar
3471
John Winsome Munar 2022.06.14 03:45 
 

Clear MACD

Jose García
155
Jose García 2022.05.18 15:12 
 

whay did you take it out of MT5? is one of the greatest indicators ever!

Daniel Lewis
57541
Reply from developer Daniel Lewis 2023.05.16 21:52
They forced me too because the load time was too slow when there were a lot of bars, I'm working on getting it back into MT5
AlbertZAR
666
AlbertZAR 2022.04.06 11:00 
 

Perfect MACD indicator - great job, thanks!

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