Indicators: MACD High/Low MTF

 

MACD High/Low MTF:

MACD High/Low made multi timeframe.

Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:

  • Next higher timeframe: first higher timeframe compared to active chart.
  • Second higher timeframe: second higher timeframe compared to active chart.
  • Third higher timeframe: third higher timeframe compared to active chart.

If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.

PS: the indicator is a stand alone indicator - it does not need the "regular" version in order to work, neither it uses any other indicator.

Author: Mladen Rakic