How to use this indicator?

 

Hi

Can anyone tell me how to use this indicator? It looks pretty useful.

Thnx

Kev

Files:
5_34_5.mq4  4 kb
 

Looks like it repaints.

 

it is a simple MA indicator. it is a version of macd where the red line is the MA of MACD. and the blue is the MACD.

 

Forex Indicators

kevmcfoster:
Hi

Can anyone tell me how to use this indicator? It looks pretty useful.

Thnx

Kev

Hi,

It's like MA... take position when line crossing each other ...research it by your self for most comfortable way..

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Forex Indicators Collection

 

well i have been trying to test it, and it does repaint. So i have opted for DL trix with a combo of #MAMA. I seems to be generating some positive signals when they both crossover at the same time. But I need another indicator to filter the false signals. Any suggestions?

Kev

Reason: