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MACD Trend Follower

The "MACD Trend Follower" is an indicator based on the MACD oscillator. It serves to spot the trend direction by giving it a fixed color until the trend changes (the trend direction colors are customizable).

The default MACD settings for the indicator has been changed to adapt to the fast moving Forex market, but they can be changed to suit the trader.


Recommended settings for the indicator :

- MACD Fast EMA : 8 Periods.

- MACD Slow EMA : 13 Periods.

- MACD SMA : 5 Periods.


Indicator inputs :

- MACD Fast EMA : The Fast EMA for the MACD. Default of indicator has been set to 8 Periods.

- MACD Slow EMA :  The Slow EMA for the MACD. Default of indicator has been set to 13 Periods.

- MACD SMA : The MACD SMA. Default of indicator has been set to 5 Periods.

- Up Trend color : The color of the candles in an up trend.

- Down Trend color :  The color of the candles in a down trend.


For any suggestion, issues, or question. Please, feel free to contact me at : https://www.mql5.com/en/users/amiine90

Reviews 4
BAIXAR  HR-K
786
BAIXAR HR-K 2021.04.28 10:35 
 

Gratulation !! sehr guter Indicator

Severin Creutzer
16
Severin Creutzer 2021.04.14 12:18 
 

It works great. I switch from one period to another and back when it gets two colors in one bar.

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PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we have ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of their experience. What Is VSA? VSA (Volume Spread
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PipTick Effort Index MT4
PipTick Effort Index MT4
Michal Jurnik
PipTick Effort Index indicator is based on the work of Karthik Marar, volume spread analysis trader. It compares the change in price (Result) to the size of volume (Effort) for a certain period of time. By comparing the effort and result we can get more information about the future price movement. Both values are normalized and converted to scale of 0-100% based on a selectable look back period. The law of effort and result The law of effort vs. result states that the change in price of a tradin
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XCalper TFO MT4
XCalper TFO MT4
Aecio de Feo Flora Neto
This oscillator was created exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever the fast line crosses the value of -0.5 upwards, it means an oversold price level. When it crosses the value of +0.5 downwards, it means an overbought price level. When fast line crosses the value of 0.0 and returns, it is
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MTF Moving Average Panel
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Hexa MA
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RSI Scalper Plus
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The RSI Scalper Plus is an indicator based on the RSI oscillator with an algorithm that filters bad signals. The RSI is basically based on the Overbought and Oversold zones. The indicator generates BUY & SELL signals with arrows showing when to buy and when to sell. Signals can be set in the input menu : - An alert window : TRUE to show the alert windows, FALSE to hide it. - Push Notification : TRUE to send a push notification to mobile phone connected to the MT4, FALSE is default. - Email Notif
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Scorpion Scalper Pro
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In the age of speed, everyone wants to gets what he/she wants quickly. Trading is all about gaining money, and scalping is a way of doing it in a short time. The "Scorpion Scalper Pro" has been named on the scorpion because of its speed. The indicator serves to provide signals for the M15 timeframe. It also sends Alerts (window alert, email alert, push notification alert) whenever a buy/sell signal occurs, and the alerts are customizable (they can be turned ON or OFF). Indicator inputs : - Buy
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MACD Swing
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The "MACD Swing" custom indicator is based on the MACD oscillator with custom settings and an algorithm that both serves to generate signals of buy or sell depending on the market status. It also sends alerts (window alert, email alert, push notification alert) whenever a buy/sell signal occurs, and the alerts are customizable (they can be turned ON or OFF). Indicator inputs : - Signal arrow size : buy/sell signal arrow size (between 1 and 5). - Signal arrow distance from the candle : buy/sell
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New Candle
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Mohamed Amine Talbi
The "New Candle" is an Expert Advisor that has an algorithm running beneath it that looks at price action. The EA is a market scalper, which means that trades run for a short period of time and the Take Profit is small, which is the definition of scalping. To the contrary of indicators which are lagging, price action is always running with the price. Best settings for the Expert Advisor : - Lot : It depends on the Account Balance. Default for the EA is 0.01 lot (micro lot). - TP : Take profit
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MA Cross Plus
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The "MA Cross Plus" EA is based on Moving Average crossovers as its name says. But what is special about this Expert Advisor is that it uses not one, but two algorithms to filter bad trades to the maximum. As all traders know, moving averages are a trend follow. And there is a saying "The trend is your friend". So, why go against the trend when you can ride the trend and profit from it, while avoiding the fake trend at the same time. The default settings of the EA are basic, and have been tested
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Triple Candle EA
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The "Triple Candle" EA is based on the trend following indicator; the moving average. Even though indicators are lagging, but the algorithm behind the EA confirms the trend before riding it. The best timeframe for the EA is H1, and it works best with the EURUSD currency pair. EA Inputs : - MA period : The moving average to determine the trend direction. Default has been set to 34 periods. - MA method : The moving average calculation method. Default is Simple (SMA). - Lot : The lot used for t
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Ultimate Scorpion Dashboard
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Switching between multiple tabs, applying multiple indicators at the same screen. All this overloads the screen and consumes the system resources. The "Scorpion Ultimate Dashboard" comes with the solution, combining 12 indicators in a simple dashboard. It provides the trader with the ability to observe a currency pair from many indicators, and thus being able to glimpse many currency pairs in a short amount of time. The available indicators in the dashboard : - Moving Average Period 5 - Moving
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Scorpion Binary
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Mohamed Amine Talbi
Trading Binary ? No problem, Scorpion Binary custom indicator helps you spot the entry points to the binary options (call / put). Indicator Inputs : - Signal arrow distance from the candle (in pips) - Signal arrow size (from 1 to 5) - call / put put signal color - Window pop up alert - Email alert - Push notifications Recommended Settings : - Timeframe : M1, M5, and M15 - Expiry time : 3 candles (3 minutes for M1, 15 minutes for M5, 45 minutes for M15) For any suggestion, issues, or questi
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Camel EA
Camel EA
Mohamed Amine Talbi
The "Camel EA" is based on Moving Averages. It confirms the uptrend or the downtrend, and enters the trade accordingly. It has been optimized to follow the trend. The recommended settings for the EA: Currency: EURUSD Timeframe: H1 EA Settings : Default settings are optimized to work best with the settings above. For other timeframes, these settings might need to be changed. EA inputs: - Fast moving average: a moving average that follows the price and smooths it to reduce market fluctuations
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Hedge Trader
Hedge Trader
Mohamed Amine Talbi
Hedge Trader is a panel that helps traders who use the hedging strategy in their trading. The panel style in simple and intuitive, and have the necessary shortcuts a fast trader would need for fast order execution. Features: - Auto double the lot after executing an order. The user only specifies the initial order, then the panel will automatically double the lot after an order execution. - Using basket for auto closing all orders on a predefined floating profit (with the possibility to turn it
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BAIXAR  HR-K
786
BAIXAR HR-K 2021.04.28 10:35 
 

Gratulation !! sehr guter Indicator

Severin Creutzer
16
Severin Creutzer 2021.04.14 12:18 
 

It works great. I switch from one period to another and back when it gets two colors in one bar.

sunnychow
8695
sunnychow 2021.03.09 09:34 
 

Thanks

philippe germain
2461
philippe germain 2020.01.31 19:30 
 

Interesting!

Reply to review
Version 1.2 2020.07.28
- General Improvements.
Version 1.1 2020.02.21
- Improved the algorithm of signals.