Ultra Advanced MACD Pro
- Indicators
-
Marcel De Oliveira Farias
NexQuantumX (NQX) develops trading tools for MetaTrader 5 and MetaTrader 4: technical indicators and Expert Advisors built on one consistent risk engine. - Version: 1.0
- Activations: 10
Ultra Advanced MACD Pro is a MACD-based indicator for MetaTrader 4. The MACD family of indicators is used to study momentum through the relationship between two moving averages of price.
Main features
- Based on the Moving Average Convergence Divergence concept
- Helps the trader follow changes in momentum
- Can be combined with trend and price action analysis
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1, H4, D1
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Use the MACD readings as one input in your analysis of momentum, together with your own rules and risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
