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TG Macd 2 Line MT5

FREE

Published: 10 February 2024

Current version: 1.0

TG Macd 2 Line MT5

4.86

Indicators
Daciana Elena Chirica
Daciana Elena Chirica
Founder at tradegineers.com

Romania

7696
4.8 (12)
- https://tradegineers.com/
We are the "Tradegineers" team, a close-knit group of software engineers deeply immersed in the financial sector. With over 5 years of dedicated experience, we've crafted our expertise in developing Expert Advisors tailored for both business entities and private investors. Our success is evident in

10 products
Version: 1.0

The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis.

Metatrader4 Version | How-to Install Product | How-to Update Product | All Products | Contact

Interpretation of MACD 2 Line

Divergence refers to the scenario where the asset's price forms higher highs and lower lows in an uptrend, but the indicator makes lower highs, hinting at potential momentum loss and a possible trend reversal. The opposite applies to a downtrend.

Convergence, on the other hand, is when an asset's price and the indicator mutually confirm an uptrend through higher highs and lows, signaling growing momentum and a likely trend continuation. The reverse holds true for a downtrend.

Key Features for developers:

Four Buffers: The indicator includes four buffers, enabling easy integration with other Expert Advisors (EAs) via the iCustom function.
- Main Line Buffer (Index - 0): Represents the MACD line, the difference between two exponential moving averages.
- Signal Line Buffer (Index - 1): This is the signal line, a moving average of the Main Line, providing potential buy and sell signals.
- Histogram Up Buffer (Index - 2): Marks the points where the MACD line is above the signal line, indicative of bullish market conditions. When Histogram Up is greater than or equal to 0, Histogram Down is set to 0, signifying the histogram is above 0.
- Histogram Down Buffer (Index - 3): Marks the points where the MACD line is below the signal line, reflecting bearish market conditions. When Histogram Down is less than 0, Histogram Up is set to 0, signifying the histogram is below 0.

By offering distinct buffers for Histogram Up and Histogram Down, this MACD 2 Line Indicator allows for precise trend determination and potential entry and exit points. These buffers are specifically designed for easy integration with other EAs or additional market analysis tools.

Upgrade your trading toolkit with the MACD 2 Line Indicator for MQL4/5, and leverage the power of sophisticated market analysis to make informed and profitable trading decisions.

more...

240

Guillaume Daniel Gabriel Gosse 2026.07.07 08:12 #

VRAIMENT BIEN ! Merci beaucoup , c'est très propre

723

paul selvan 2025.12.18 17:34 #

good job

1301

Kedrov 2025.10.10 16:55 #

Каждый индикатор подходит под те задачи, для решения которых он и создавался. Нормальный индикатор. Спасибо!

The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader4 Version | All Products | Contact

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Guillaume Daniel Gabriel Gosse 2026.07.07 08:12 #

VRAIMENT BIEN ! Merci beaucoup , c'est très propre

4546454654654 2026.03.31 20:10 #

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tophare 2025.12.29 11:38 #

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723

paul selvan 2025.12.18 17:34 #

good job

1301

Kedrov 2025.10.10 16:55 #

Каждый индикатор подходит под те задачи, для решения которых он и создавался. Нормальный индикатор. Спасибо!

nabil elshishiny 2025.04.13 07:10 #

Good indicator for the people trading scalping ♥

108

Patrice Assi 2025.01.07 14:44 #

Good indicator, very reliable. Thank you

2407

Rafal Krzysztof Manuszewski 2024.10.05 20:19 #

👍

eskimos2000 2024.07.17 06:49 #

It's a lovely MACD version. Is there any way to change EMAs to SMAs in FAST and slow lines?

Nemer Sukkar 2024.05.05 13:12 #

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Roger.Petros 2024.04.22 22:12 #

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TG Macd 2 Line MT5

Daciana Elena Chirica

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