MACD Buy Sell KPG
- Indicators
- Version: 1.0
MACD Buy Sell KPG - User Guide (MT5)
MACD Buy Sell KPG is a multi-function indicator for MetaTrader 5 based on Volume Weighted MACD (VWMACD). It displays buy and sell signals on both the price chart and the indicator window, provides sound alerts and mobile push notifications, and includes a dashboard that shows trend direction across multiple timeframes.
Features
- Real-time signals are shown as coloured arrows on the price chart and in the indicator sub-window.
- Audio notifications and mobile push alerts are played when a new signal appears on a closed bar.
- A horizontal dashboard displays trend direction for 9 timeframes (from D1 to M1) together with a summary percentage.
- The indicator works on any timeframe chosen by the user.
- Signals are stable and do not flicker or repaint.
Signal Types
- Green arrow - basic buy signal.
- Red arrow - basic sell signal.
- BUY and SELL text labels are displayed on the price chart next to the arrows.
Histogram Color Coding
The histogram uses 4 distinct colors to indicate trend strength:
- Bright green (Lime) - Above zero, expanding width: strong bullish momentum.
- Pale green - Above zero, narrowing width: weakening bullish momentum.
- Bright red - Below zero, expanding width: strong bearish momentum.
- Pale pink - Below zero, narrowing width: weakening bearish momentum.
Dashboard Information
The multi-timeframe dashboard displays the current trend direction for each timeframe:
- Buy (green) - MACD line is above the signal line.
- Sell (red) - MACD line is below the signal line.
- --- (gray) - No clear signal or insufficient data.
The summary percentage shows the overall market bias across all timeframes.
Suggested Usage (for reference only)
- Use the dashboard on H1 or H4 to identify the main trend direction.
- Look for matching signals on M5 or M15 timeframes.
- Consider entering when a dark green or dark red signal aligns with the main trend from H1/H4.
- Set stop loss and take profit manually. Sound alerts indicate the moment of entry only.
- A possible stop loss level may be placed below a buy signal candle or above a sell signal candle.
- A risk-to-reward ratio of 1:2 or 1:3 can be considered.
- Trading against the major trend is not recommended. Avoid noisy, very short timeframes.
- This tool provides analytical assistance. Trading involves risk. Manage your capital responsibly.
Input Parameters (examples)
- FastPeriod (default: 12)
- SlowPeriod (default: 26)
- SignalPeriod (default: 9)
- MaxSignals (default: 30)
- MaxBars (default: 300)
- EnableAlerts (bool, default: true)
- NoiseFilter (bool, default: false)
- ShowSLTP (bool, default: false)
- ATR_Period (default: 14)
Support
Support is provided through the product comments section or via the mql5.com internal messaging system. Support is not offered via Telegram, other messengers, or external websites.
