A question on MACD

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niepan.syl
175
niepan.syl  

It's the same trading species but the MACD is quite different. Why they are different? The calculation of the MACD is different? How to make the MACD of MT5 the same with the other trading platform? Thanks



Ricardo Penders
422
Ricardo Penders  
niepan.syl:

It's the same trading species but the MACD is quite different. Why they are different? The calculation of the MACD is different? How to make the MACD of MT5 the same with the other trading platform? Thanks



Well, first of all you need to have the same broker, the same chart with the same time frame and you can right-click on the MACD chart on MT5 to open the properties and there you can make the necessary changes so that the MACD looks the same as on the other platform if that's what you prefer.

I made a nice script which will change the active chart to be much more readable and usable to see trading signals instantly, I also have the MACD indicator at the bottom of the chart but it's different from what you normally see when you use the standard indicator on MT5, you might be interested in reading my blog post for more info and a download link here:  https://www.mql5.com/en/blogs/post/722108

Check out my Script I made to give you an Instant Edge as a Trader
Check out my Script I made to give you an Instant Edge as a Trader
  • www.mql5.com
When I started to use the MetaTrader platform and got my membership here I was really surprised with all the doors it opened to me and saw that I finally found a great platform with a big active community which is awesome. One thing in particular attracted me to start using this platform because of my programming experience I could start...
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