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MACD Signal indicator

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Published: 24 December 2023

Current version: 1.1

MACD Signal indicator

Name: MACD Signal indicator
Rating: 5 (5 reviews)
Author: Adam Zolei

Indicators
Adam Zolei
Version: 1.1
Updated: 29 December 2023

This is a trend-following indicator based on the MACD, providing buy signals when it is above the 200 MA and sell signals when it is below.

The signal is generated when the MACD crosses the zero line. The indicator also displays a support and resistance level that can be used as a stop loss. Adjustable parameters include the MA period, MACD fast EMA, slow EMA, and support-resistance interval. It is represented at the lowest and highest points of recent candles.

Default settings:

SR Interval: 10
MA Period: 200
Fast EMA: 24
Slow EMA: 26
It also includes an alarm function.

Modifying these values may result in more or less frequent signals, and testing is recommended to determine the most effective settings.

Time frames of 1 or 4 hours are recommended, but it can work on any time frame. This indicator works on all trading instruments, including Forex, stocks, commodities, etc.

Check out my other products as well: https://www.mql5.com/en/users/8587359/seller

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8902

sunnychow 2024.05.31 09:44 #

Nice work

239

gallard_a 2024.05.18 09:09 #

Five star!!

414

rovinades 2024.05.17 12:32 #

This is so useful

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139 USD

FREE

Introducing our simple yet powerful trendline trading expert, designed to open positions upon trendline breaks or touches based on predefined parameters. All you need to do is rename it to buy, sell, buy limit, or sell limit. As the name suggests, this is the basic version with minimal features. However, if you're looking for a truly professional trendline trading expert equipped with various trading management tools, automatic position sizing, trailing stops, breakeven points, partial closures,

FREE

Welcome! Summer Kickoff Sale! We are excited to announce our Summer Kickoff Sale with a 30% discount on our expert advisor! Don't miss this opportunity to enhance your trading strategy at a reduced price. This special offer is valid until the end of June. Get your expert advisor now and take your trading to the next level! We are delighted to introduce our latest expert, which is a semi-automatic trading system that includes all the features you need for position management. Simply draw a line o

55 USD

The Position Control is an intuitive yet powerful trading tool that facilitates risk management from entry to exit. It includes automatic lot sizing, fixed stop loss and take profit features, or determines them using the ATR indicator. After opening a position, you can set automatic break-even points, trailing stops, and choose from three types of partial closures. Moreover, if you open a 0.01 lot position from your phone, the expert will automatically close it and open a risk-managed position

30 USD

Welcome, we introduce the Manual Grid Assistant, which can be an excellent complement to your manual grid trading! The Manual Grid Assistant is an efficient and sophisticated trading tool that perfectly complements manual grid trading strategies. This tool allows you to manage manually opened positions on your behalf while ensuring maximum profit and controlling risk. One of its main advantages is that it automatically closes all open positions when a predefined total pip reach or a specified p

30 USD

Why the RSI Alert Indicator is Essential for Your Trading Toolkit In the fast-paced world of trading, timely and accurate information is crucial. The RSI Alert Indicator is a powerful tool designed to help you stay ahead of the market by providing real-time alerts when the Relative Strength Index (RSI) reaches critical levels. Whether you're a novice trader or a seasoned professional, this indicator can significantly enhance your trading strategy by pinpointing potential market reversals with

30 USD

This is a simple indicator that provides an alert on trendline breaks. It can be useful if you are accustomed to using trendlines in your trading.Adjustable parameters include: Candle identifier: at which candle to signal after a breakout And three types of alerts: Send Email Audible Alerts Push Notifications For testing purposes, we recommend using MetaTrader 4 instead of MetaTrader 5's strategy tester, as it does not support drawing trendlines. MT4 versionIn: https://www.mql5.com/en/market/p

30 USD

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8902

sunnychow 2024.05.31 09:44 #

Nice work

9571

Reply from developer Adam Zolei 2024.05.31 20:41 #

Thank you for your positive feedback! I’m happy to hear you’re satisfied with the product. If you have any questions or need support, don't hesitate to contact me.

239

gallard_a 2024.05.18 09:09 #

Five star!!

9571

Reply from developer Adam Zolei 2024.05.31 20:44 #

I appreciate your kind words! It’s great to know the product meets your expectations. Feel free to reach out if you need any help.

414

rovinades 2024.05.17 12:32 #

This is so useful

9571

Reply from developer Adam Zolei 2024.05.31 20:45 #

Thank you for your encouraging feedback! I'm pleased to hear you're happy with the product.

462

Calix Fujimoto 2024.05.08 09:19 #

So worth it.

9571

Reply from developer Adam Zolei 2024.05.31 20:46 #

I’m grateful for your positive review! It’s wonderful to know that the product works well for you.

[Deleted] 2024.01.06 19:40 #

User didn't leave any comment to the rating

88026

Evgeny Belyaev 2023.12.30 15:12 #

Great!

Version 1.1 2023.12.29

The update includes an alert feature with Send Email, Audible Alerts, and Push Notifications.