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SX Advanced MACD MT5

MACD (Moving Average Convergence/Divergence) is a widely used indicator in technical analysis. What makes the MACD such a valuable tool for technical analysis is that it effectively combines two indicators into one. It can help to identify trends and measure momentum simultaneously.

SX Advanced MACD for MT4 is available here.

SX Advanced MACD indicator takes this concept further by plotting two distinct MACD indicators on a single chart, facilitating clear visual correlation between each other. This enhanced approach provides faster and more accurate signals compared to a single MACD, as it shows signals from both short and long timeframes together. The correlation between these indicators reveals the strength of the momentum in the current direction and indicates peak momentum levels.

Additionally, the indicator comes with default cloud options, which display the MACD and Signal lines for improved readability. The cloud changes color when the MACD and Signal lines cross, making it easier to distinguish between the four lines.

By default, all MACD/Signal lines and clouds are turned on, but users have the flexibility to toggle each one off in the indicator's settings. Furthermore, customization options allow users to modify the colors of each component according to their preferences, offering a personalized and tailored indicator experience.

#Tags: MACD, Moving Average Convergence Divergence, Advanced MACD, Best MACD, Colored MACD, Extended MACD, Multicolor MACD, MultiColored MACD, Multi-color MACD, Multi-Colored MACD, Two line MACD, Extended MultiColored MACD, Enhanced MACD, Signal, Momentum Indicator, Momentum

DISCLAIMER: Please notice that we do not provide any financial advice. We only provide tools for anyone interested in improving their trading.

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SX Theme Setter is intended for changing chart appearance in 2 modes: - Gradient background mode: In this mode, the indicator creates a gradient background for your chart. Colors, steps and gradient type can be selected by user. - Color theme: Color theme mode provides more than 50 built-in different color themes which can be selected from a list. Most of these themes are converted from official color themes of real trading platforms of the past and present. Try them out and see if they sui
FREE
SX Theme Setter is intended for changing chart appearance in 2 modes: - Gradient background mode: In this mode, the indicator creates a gradient background for your chart. Colors, steps and gradient type can be selected by user. - Color theme: Color theme mode provides more than 50 built-in different color themes which can be selected from a list. Most of these themes are converted from official color themes of real trading platforms of the past and present. Try them out and see if they sui
FREE
SX Currency Strength indicator allows users to analyze currency strength through a selected period, with results resetting periodically and accumulating thereafter. It displays the historical relative strength of eight major currencies (USD, EUR, GBP, JPY, AUD, CHF, CAD and NZD) across a selected timeframe. Assessing a currency's relative strength aids in evaluating its performance against a basket of other currencies. Users can select to visualize relative strength of the currencies in the shap
MACD is probably one of the most popular technical indicators out there. When the market is trending, it actually does a pretty good job, but when the market starts consolidating and moving sideways, the MACD performs not so well. SX Impulse MACD for MT5 is available here . Impulse MACD is a modified version of MACD that works very well for trading Forex, stocks, and cryptocurrencies. It has its own unique feature which perfectly filters out the values in a moving average range and enables it t
MACD is probably one of the most popular technical indicators out there. When the market is trending, it actually does a pretty good job, but when the market starts consolidating and moving sideways, the MACD performs not so well. SX Impulse MACD for MT4 is available   here . Impulse MACD is a modified version of MACD that works very well for trading Forex, stocks, and cryptocurrencies. It has its own unique feature which perfectly filters out the values in a moving average range and enables it
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Version 1.20 2024.03.03
- Coloring improved
- Default settings changed
- Colored texts added to show the indicator values
Version 1.10 2023.11.30
- Minor bug fix