MACD MultiTF
- Indicators
- Version: 1.32
MACD MultiTF Smooth is a professional quantitative analysis and trend-following indicator developed based on Alexander Elder's classic Triple Screen methodology. It elevates traditional MACD analysis by fully automating the combination of multiple timeframes into a single clean oscillator, normalized from 0 to 100 and smoothed by an Exponential Moving Average (EMA).
Designed for both beginner traders and advanced operators alike, the indicator eliminates common market noise and filters out false breakouts, allowing you to identify the precise moment to enter in the direction of the macro trend with high statistical probability.
How It Works and Core Logic
The indicator automates the hierarchy of three timeframes according to Elder's ideal proportions:
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Higher Timeframe (The Tide / Macro Trend): Maps the main market bias through the MACD histogram direction of a superior period (automatically adjusted based on your current chart).
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Intermediate Timeframe (The Wave / Pullback): Identifies correction and technical retracement zones (histogram below zero for buys, or above zero for sells).
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Fast Timeframe (The Trigger / Entry): Monitors the MACD line crossovers on the current chart to fire the perfect entry signal.
Buy and Sell Signals
The indicator plots visual states of the oscillator and triggers automated alerts adhering strictly to the strategy rules:
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Buy Signal:
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The higher timeframe is in a bullish bias (histogram rising).
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The intermediate timeframe is in a technical pullback zone (below the zero line).
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A bullish crossover of the MACD lines occurs on the fast timeframe.
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Sell Signal:
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The higher timeframe is in a bearish bias (histogram falling).
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The intermediate timeframe is in a bullish correction/bounce zone (above the zero line).
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A bearish crossover of the MACD lines occurs on the fast timeframe.
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Neutral Zones and Visual Management (Exhaustion)
To prevent entries during periods of price exhaustion, the indicator features an intelligent Neutral Zones system:
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When the bull trend exceeds the 80 level, or the bear trend breaks below the 20 level, the oscillator line automatically changes to a neutral gray color, signaling exhaustion of the current movement and warning the trader to exercise caution or take profits.
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All colors (Bullish, Bearish, Neutral, and Neutral Zone) are 100% customizable through the input parameters panel.
Alerts and Notifications Features
Never miss a trading opportunity. The indicator features a complete multi-platform alert system integrated into the MetaTrader 5 ecosystem:
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On-Screen Popup Alerts: Instant messages on the terminal interface detailing the asset and signal price.
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Push Notifications (Mobile): Direct delivery to the MetaTrader app on your mobile device.
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Email Dispatch: Automated reporting of signals sent directly to your registered email address.
Input Parameters
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MACD Settings: Free adjustment for Fast EMA, Slow EMA, Signal EMA periods, and the Normalization Lookback.
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Line Smoothing Period: Control the level of line smoothing on the subwindow for cleaner curves free of noise.
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Custom Colors: Complete personalization of the indicator's color palette.
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Notifications: Independent activation/deactivation of On-screen Alerts, Push, and Email.
COMPLETE SETUP AND ECOSYSTEM
MACD MultiTF is provided 100% FREE as a core Trend and Momentum engine. To trade with our complete institutional setup, combine this indicator with our complementary tools:
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ATR MultiTF PRO: Adds multi-period volatility bands along with automated volume alerts and trend flexibility across daily, weekly, and monthly charts. ( https://www.mql5.com/en/market/product/202752)
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Nexus Chart Trader: Offers instant execution, automated risk management, and multi-account support directly from the charts. ( https://www.mql5.com/en/market/product/202469)
