Indicators: MACD Institutional

MACD Institutional:

MACD Institutional is an advanced indicator designed for traders looking to trade in line with the "smart money". Unlike the standard MACD, which processes every tick or candlestick close indiscriminately, this indicator reconstructs the price structure using a dynamic volume filter before calculating its moving averages.

MACD Institutional

Author: FERNANDO JAVIER DE MENDONCA

It looks interesting; I’m going to give it a go to see how it works for me.