MACD Multi index
This is a custom MACD indicator consisting of 8 indices: AUDindex, NZDINdex, CADindex, EURindex, CHFindex, GBPindex, USDindex and JPYindex.
It is based on 28 currency pairs: AUDUSD, NZDUSD, USDCAD, EURUSD, USDCHF, GBPUSD, USDJPY, AUDJPY, NZDJPY, CADJPY, EURJPY, CHFJPY, GBPJPY, EURAUD, EURNZD, EURCAD, EURGBP, EURCHF, AUDCHF, NZDCHF, CADCHF, GBPCHF, GBPAUD, GBPNZD, GBPCAD, AUDNZD, AUDCAD and NZDCAD.
The best trading has been detected on H1 and H4 charts for swing trade or on M1 and M5 charts for scalping on US session.
How to Use
- When one of the 8 indices turns upwards or crosses upwards, sell the strongest pair.
- When one of the 8 indices turns downwards or crosses downwards, buy the lowest pair.
It can run on Forex brokers' servers having 28 currency pairs listed above. No repaint.
You do not need to open full 28 pairs on MetaTrader 4, only open one pair to see the indicator. But before the first use, right click and select Show All in Market Watch and wait a moment to load up.