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MACD by MK

Use the opportunities of the MACD with maximum efficiency. Choose the price, filters and averaging method, all possible parameters. A unique feature of "MACD by MK"is the amplified signal line. The bends of the indicator have color designations and are additionally reflected on the main chart. By correlating them and the initial price, make your trading more qualitative. For ease of use, a neat ZigZag has been added

A remarkable property of "MACD by MK" is the detection of motion attenuation. As soon as the sales are completed, it is worth considering the possibility of buying. And vice versa. The indicator highlights these points very well.

Like the classic MACD, this indicator is based on a comparison of two averages. You can choose the average from a wide number of options:

  • the usual SMA,LWMA, EMA
  • indicators FraMA,DEMA, TMA
  • weighted Parabolic (weight~n^k), Sinus Weighted (weight~sin (n)^k)
  • Volume weighted(weight~volume (n)^k)
  • weighted by exponential coefficients (weight~exp(n))

As the source data, you can choose the prices of the usual candles or Heiken-Ashi candles, set the filtering method:
  • the average of the last values of the
  • median filter
  • and their combinations
Additionally, you can specify the signal amplitude:
  • at an amplitude of 1, the MACD on the main chart coincides with the fast MA
  • at large values has a larger scope.
  • accordingly, at the amplitude of 0, everything will coincide with the slow MA on the main chart

By default, the amplitude is 2.

The "MACD by MK" indicator looks generally similar to the MACD and displays the difference between the two averages and its smoothed value (signal line).

The colors of the histogram indicate the direction of the signal line bend. Blue means that purchases are accelerating and sales are slowing down. That is, the signal line has an upward bend. Red on the contrary-in favor of sales

The main chart displays :

  • dots are the strengthened values of the MACD. The color and size show the bending directions and stability
  • line - enhanced signal line MACD
  • zigzag - trend zigzag at prices, based on the indicator readings

Trading recommendations

Use the ZigZag as the trend direction

You enter the trend based on the color of the points and the position of the price relative to the signal line

Take into account the volatility of the symbol and the trading schedule

Good luck !



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Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Italo Trend Indicator MT5
Italo Santana Gomes
4.89 (9)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
VJ Sniper MT5
Vijayaratna Kumar Boda
VJ Sniper - MT5 Buy / Sell Indicator:   This Indicator is as simple as Buy in Up Trend & Sell in Down Trend.                                                           There are Support / Resistance Graphic levels for choosing the best Entries. Background:   Any in-built indicator of MT5 does not work as stand alone such as Stochastic, CCI or DeMarker etc. But combination of them with trend projection work & give the best results for Trading entries. So this Indicator is blended to give the best
Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
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SpeedChan Leading indicator. Marks in the future two price channels - if the price comes into the channel, then the quote changes with the speed specified in the parameters. In these areas, price reversals are most likely. Two price channels are displayed - one on top, showing the growth rate; the second one - below, shows the speed of the fall. Channels are displayed as a solid center line and two borders drawn with a dotted line. In many cases, the area between the channels is not important fo
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The script statistically reveals the main rate of movement (Gan angle) for the selected instrument. Using mathematical methods, it determines the speed of following the candles of the current timeframe against the background of the older one. Just place AutoGan on the graph and it will perform the required calculations and correctly draw the Gan grid. The script is very easy to use, only the colors of the grid lines are set in the parameters. Parameters: GRID_COLORING : How many colors to
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Maxim Kuznetsov
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Maxim Kuznetsov
Ing (inguz,ingwar) - the 23rd rune of the elder Futhark ᛝ, Unicode+16DD. Add some runic magic to your trading strategies. The correct marking of the daily chart will indicate to you the successful moments for counter-trend trading. Simple to use, has high efficiency in volatile areas. Be careful in lateral movements. Signals ᛝ are generated when the main lines of construction intersect. Red arrow down - recommended sales Blue up arrow - recommended purchases rare purple arrows indicate
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Maxim Kuznetsov
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Maxim Kuznetsov
XFlow shows an expanding price channel that helps determine the trend and the moments of its reversal. It is also used when accompanying transactions to set take profit/stop loss and averages. It has practically no parameters and is very easy to use - just specify an important moment in the history for you and the indicator will calculate the price channel. DISPLAYED LINES ROTATE - a thick solid line. The center of the general price rotation. The price makes wide cyclical movements around the
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