MACD Line 2 MT4

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.


Metatrader5 Version | 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:

  1. 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.



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Follow Trend Steps Follow Trend Steps: See Your Price Zones Before the Market Moves Plan your trades around clear price zones, not guesswork. Follow Trend Steps draws clean, color-coded zones directly on your chart, showing where price has recently turned and where it may react again, so you can plan entries, exits and risk with confidence. Available for Meta Trader 4 and Meta Trader 5. Why traders use Follow Trend Steps Every chart is full of noise. Support and resistance lines are drawn diff
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Ziheng Zhuang
5 (2)
Indicators
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  The basic principle Given eight currencies, USD,EUR,GBP,AUD,NZD,CAD,CHF,JPY, where each pair of two can be combined, resulting in a total of 28 pairs, a reverse algorithm is used to extract the strength of the eight currencies from these 28 pairs EURUSD,GBPUSD,AUDUSD,NZDU
Professional Delta Volume
Musa Khunarikov
Indicators
Liked the logic of this tool? Explore the full ecosystem of professional indicators and utilities created by a trader for traders: All products by the author on MQL5 Market: https://www.mql5.com/en/users/musa1994/seller Details and trading philosophy: https://developer-mql4-mql5.netlify.app/ Professional Delta Volume MTF v2.0 is a professional indicator for MetaTrader 4 that shows the difference between buy and sell volume (Delta Volume) and Cumulative Delta. Version 2.0 introduces f
Sniper Flip Zones
Leandro Bernardez Camero
5 (2)
Indicators
Sniper Flip Zones – Smart Buy/Sell Signal System Join the channel to stay updated: https://www.mql5.com/en/channels/forexnewadvisor I designed Sniper Flip Zones to generate ultra-precise BUY and SELL signals by identifying moments where momentum shifts sharply in trending or ranging markets. It works exceptionally well on XAUUSD M1/M5 , but can be applied to any pair or timeframe using the configurable parameters. The core logic combines: Stochastic reversals at extreme levels (10/90) Optional
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Alexandru Chirila
Indicators
Overview: The US Dollar Index (DXY) is a key financial indicator that measures the strength of the US Dollar against a basket of six major world currencies. This index is crucial for traders and investors as it provides a comprehensive view of the overall market sentiment towards the US Dollar and its relative performance. All Products   |   Contact Composition: The DXY's composition is as follows: Euro (EUR): 57.6% Japanese Yen (JPY): 13.6% British Pound (GBP): 11.9% Canadian Dollar (CAD): 9.1%
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Alexandru Chirila
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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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SupportResistance MT5
Alexandru Chirila
Indicators
Support Resistance Indicator The "Support Resistance" indicator is a versatile tool designed to help traders identify key support and resistance levels based on an underlying algorithm. These levels indicate price points where an asset historically experiences buying (support) or selling (resistance) pressure. The indicator allows traders to visualize these levels on their charts, making it easier to make informed decisions. All Products   |   Contact PARAMETERS: Timeframe : Users can select the
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SmartInvest MT4
Alexandru Chirila
Experts
Smart Invest Basic   (EA) employs an   averaging strategy   designed for   long-term   profitability with low risk. It operates by initiating trades and setting take profit levels. If the market quickly reaches the take profit point, it opens another trade upon the next candle's opening. Conversely, if the market moves against the trade, it employs an averaging technique to secure more favorable prices. The EA's primary approach involves using smaller lots to prevent significant drawdown during
SmartInvestPremium MT4
Alexandru Chirila
Experts
Smart Invest Premium   is a sophisticated enhancement of the   Smart Invest Basic   EA, designed to optimize long-term profitability with a focus on   flexible   and   customizable risk management . This   advanced   version introduces dynamic grid trading capabilities, allowing users to   configure multiple grids , each with   distinct sizes   and   risk parameters . This   flexibility   empowers traders to tailor the EA to their specific trading strategies and risk tolerance, making it a   ve
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Alexandru Chirila
Experts
Our Expert Advisor (EA) revolutionizes trading in the Forex market by integrating two powerful strategies - Scaling and Averaging - into a dynamic and adaptable framework. Designed for the MetaTrader4/5 platform, this EA employs innovative techniques to optimize trading outcomes in various market conditions. Metatrader5 Version  |  Auto Smart Pro MT4 Live Results  |  All Products  |  Contact  | How to install MT4 Product Scaling Strategy: The Scaling strategy capitalizes on trending market move
ICT Silver Bullet MP MT4
Alexandru Chirila
Experts
Our EA harnesses the power of the SilverBullet 5-minute strategy, offering optimal performance while also allowing users the flexibility to explore and backtest various timeframes of their choice. Ideal for indices such as   SPX500   and   NAS100 , it performs optimally during trading hours at   15:00 UTC or 19:00 UTC . Here's what sets it apart: Versatile Execution: Choose between pending orders on the FVG, market execution upon FVG occurrence, or a combination of both. Custom Risk Management:
MP RiskOracle MT5
Alexandru Chirila
Utilities
Risk Oracle - Expert Advisor Description Risk Oracle is a sophisticated yet user-friendly Expert Advisor (EA) designed for risk management and trade execution. This utility tool is tailored to assist traders in executing orders at optimal prices while managing risk efficiently, without the need to manually calculate volumes and other parameters. By automating these critical aspects, Risk Oracle simplifies the trading process and allows traders to focus on strategy and market analysis. All Produc
SmartInvest MT5
Alexandru Chirila
3 (1)
Experts
Smart Invest Basic (EA) employs an averaging strategy designed for long-term profitability with low risk. It operates by initiating trades and setting take profit levels. If the market quickly reaches the take profit point, it opens another trade upon the next candle's opening. Conversely, if the market moves against the trade, it employs an averaging technique to secure more favorable prices. The EA's primary approach involves using smaller lots to prevent significant drawdown during averaging,
SmartInvestPremium MT5
Alexandru Chirila
2 (1)
Experts
Smart Invest Premium is a sophisticated enhancement of the Smart Invest Basic EA, designed to optimize long-term profitability with a focus on flexible and customizable risk management . This advanced version introduces dynamic grid trading capabilities, allowing users to configure multiple grids , each with distinct sizes and risk parameters . This flexibility empowers traders to tailor the EA to their specific trading strategies and risk tolerance, making it a versatile tool for various marke
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Alexandru Chirila
5 (1)
Experts
Our Expert Advisor (EA) revolutionizes trading in the Forex market by integrating two powerful strategies - Scaling and Averaging - into a dynamic and adaptable framework. Designed for the MetaTrader4/5 platform, this EA employs innovative techniques to optimize trading outcomes in various market conditions. Metatrader4 Version  |  Auto Smart Pro MT5 Live Results  |  All Products  |  Contact Scaling Strategy: The Scaling strategy capitalizes on trending market movements by initiating multiple t
Smart Stocks DCA MT5
Alexandru Chirila
Experts
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Alexandru Chirila
Experts
Our EA harnesses the power of the SilverBullet 5-minute strategy, offering optimal performance while also allowing users the flexibility to explore and backtest various timeframes of their choice. Ideal for indices such as   SPX500   and   NAS100 , it performs optimally during trading hours at   15:00 UTC or 19:00 UTC . Here's what sets it apart: Versatile Execution: Choose between pending orders on the FVG, market execution upon FVG occurrence, or a combination of both. Custom Risk Management:
MP AutoSmartNextGen MT5
Alexandru Chirila
Experts
Our Expert Advisor (EA) revolutionizes trading in the Forex market by integrating two powerful strategies - Scaling and Averaging - into a dynamic and adaptable framework. Designed for the MetaTrader4/5 platform, this EA employs innovative techniques to optimize trading outcomes in various market conditions.   All Products  |  Contact Core    NEW!!!   Features: Configurable Grids:   The version allows the configuration of multiple grids. Each grid can have its own size and risk factors, providi
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Alexandru Chirila
Utilities
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4 (1)
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Alexandru Chirila
Indicators
The MACD Divergence Indicator is a powerful tool designed to identify Classical (Normal) Divergences on the MACD, which can signal potential market reversals or continuation trends. Divergences occur when the price and the indicator move in opposing directions, highlighting potential shifts in momentum. What is a Classical (Normal) Divergence? Classical Divergences are categorized into two main types: Bullish Divergence: Occurs when the price forms lower lows, but the MACD forms higher lows. Thi
MP Divergence Never Lie
Alexandru Chirila
Experts
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