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Views:: 6597
Rating:: (20)
Published:: 2022.11.03 14:41

MACD_CW_Mashhadi.mq5 (4.57 KB) view

Download as ZIP, How to download code from MetaEditor

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You can see how MACD works on main price chart.

Equivalency #1:

MACD oscillator: MACD line crosses the Signal line.

MACD_CW: Indicator Red line crosses the price bar.

Example in Fig.: Red vertical lines.

Equivalency #2:

MACD oscillator: MACD line crosses Zero.

MACD_CW: Indicator Silver line crosses the price bar.

Example in Fig.: Silver vertical lines.

Equivalency #3:

MACD oscillator: Signal line crosses Zero.

MACD_CW: Indicator Red line crosses Indicator Silver line.

Example in Fig.: Blue vertical lines.

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