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Published:

2018.12.10 15:57

Normalized smoothed MACD.mq5 (11.62 KB) view

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MACD, as it is in its original state, is an unbound indicator. We already introduced a couple of versions that are normalized in order to have predictable bounds. This versions extends that more : it is adding self adjusting signal line to it and that (implicitly) introduces neutral zones too

Usage:

You can use it as any other MACD or use the color changes as signals

PS: the "big picture" example too

BB stops - Hull average

BB stops - Hull average based with multiple stops included

Phase change index 2

Volatility bands

Starter

Position volume calculation based on trading history. The Expert Advisor applies iCCI (Commodity Channel Index) and iMA (Moving Average) indicators. Trailing is present as well.

Normalizied MACD - self adjusting signal - indicator for MetaTrader 5