• Overview
  • Reviews (7)
  • Comments (6)

RelicusRoad MACD v2 MT5

4.57
The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals.

The MACD is considered to be in bullish territory when the MACD line is above the signal line and in bearish territory when it is below. Traders often use this information to identify potential buy and sell opportunities.

The MACD is a versatile indicator and can be used in a variety of ways, some common ways to use it are:

Crossover: A bullish crossover occurs when the MACD line crosses above the signal line and a bearish crossover occurs when the MACD line crosses below the signal line.

Divergence: A bullish divergence occurs when the MACD is making new highs while the underlying security is not, and a bearish divergence occurs when the MACD is making new lows while the underlying security is not.

Trend Following: A bullish trend occurs when the MACD is above the zero line and a bearish trend occurs when the MACD is below the zero line.

It is important to note that the MACD is a lagging indicator and should be used in conjunction with other technical indicators and analysis to make a trading decision.


Reviews 7
Mohammed Mohammed Mohammed Abu Zaid
350
Mohammed Mohammed Mohammed Abu Zaid 2024.01.03 08:55 
 

Great indicator

Findolin
945
Findolin 2023.11.18 17:17 
 

Very good indicator, which reflects the situation very well and is therefore very useful.

Detleff Böhmer
2572
Detleff Böhmer 2023.09.07 07:52 
 

Ein sehr guter Indikator der sehr hilfreich bei meinen Entscheidungen Kauf/Verkauf ist. Danke!!

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Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
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Indicators
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Indicators
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Indicators
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The trend detection indicator will compliment any strategy and can also be used as an independent tool. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!  Benefits  Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and resistange,  which can be used both, for profit taking, and for settings up stop-losses. The indicator does not change color after t
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How many times have you bought a trading indicator with great back-tests, live account performance proof with fantastic numbers and stats all over the place but after using it, you end up blowing your account? You shouldn't trust a signal by itself, you need to know why it appeared in the first place, and that's what RelicusRoad Pro does best! NOW $147 (increasing to $499 after a few updates) - UNLIMITED ACCOUNTS (PCs or MACs) **  User Manual + Strategies + Training Videos + Private Group with
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The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line an
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FREE FOR A LIMITED TIME Do you want to manage multiple accounts at the same time with managed risks and lot sizes while you trade on only one account (master)? Features: Master (Main) / Slave (Copy Accounts) Accepted Slippage (Price Difference) Multiply/Divide (Copy Lot Divide or Multiply Factor) Lot Factor (Factor for Dividing or Multiplying) Close All (Close All Active Positions Button   ) Coming Soon: Close All - Slave Only Close All Profit Positions - Master and Slave Close All Profit
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August Tetteh
1202
August Tetteh 2024.04.25 11:34 
 

fine

Gaby
16
Gaby 2024.02.18 20:02 
 

A good indicator, just bad we can't change the colors, or I didn't find how to

Relicus LLC
16424
Reply from developer Waleed Ur Rehman 2024.02.19 13:10
Color settings are in the input settings.
marcelo20006abm
34
marcelo20006abm 2024.01.24 12:09 
 

Indicador com a nova atualização do MT5 parou de funcionar, tem como corrigir esse problema?

MAS-Trading
44
MAS-Trading 2024.01.04 07:29 
 

The indicator works fine but? 1) Why can't I change the thickness of the Histogram bars? I have tried to change the thickness in the setting but it does not hold after I click "OK" or Close. Can you fix this issue please. 2) I had to manually Add a Zero line to the Histogram (this should be automatically set as the Zero line is extremely important) the standard colour set is usually Gray.

Mohammed Mohammed Mohammed Abu Zaid
350
Mohammed Mohammed Mohammed Abu Zaid 2024.01.03 08:55 
 

Great indicator

Findolin
945
Findolin 2023.11.18 17:17 
 

Very good indicator, which reflects the situation very well and is therefore very useful.

Detleff Böhmer
2572
Detleff Böhmer 2023.09.07 07:52 
 

Ein sehr guter Indikator der sehr hilfreich bei meinen Entscheidungen Kauf/Verkauf ist. Danke!!

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