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ExitPoints MACD

This is ExitPoints's version of the MACD (Moving Average Divergence Convergence) indicator. The MACD has been widely used for decades by financial analysts as a momentum indicator. This version has been normalized to expand the analysis characteristics of the indicator. Since the pattern of the MACD is preserved and only the scale has been normalized, a trader can use all the pattern recognition usage built in to the MACD such as trend changes and reversals. The indicator can be used effectively with any chart time M1-MN).


Default Indicator Parameters:

  • Fast EMA = 12
  • Slow EMA = 26
  • Smoothing or Signal Value = 9
  • Overbought Line = 0.5
  • Oversold Line = -0.5

ExitPoints uses this indicator in its trading systems. The default overbought and oversold lines are representative of the default parameter settings above. These are the number of bars to be used in the calculation of the MACD. If you change the calculation parameters it is recommended that you change the overbought and oversold line values to correspond to the new EMA values.

Since the scale has been normalized across all markets the indicator can be used to identify other characteristics such as when a market is overbought or oversold as well as the development of trade rules that will work across all markets and/or financial securities.

Note this is an indicator and not a trading strategy, It should probably not be relied on by itself to identify trade opportunities but rather be used in conjunction with any other of your favorite indicators to identify trading opportunities.

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Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
149 USD
TDI Scanner Dashboard
Abir Pathak
TDI Multi Timeframe Scanner: This Dashboard indicator uses the TDI (Trader's Dynamic Index) Indicator to find best trades. Get extra indicators here: https://abiroid.com/extras/tdi-scanner-dashboard-extras Checks for: - SharkFin Pattern Free indicator for SharkFin: https://www.mql5.com/en/market/product/42405/ - TDI Trend: Strong/Weak Trend Up/Down - TDI Signal: Strong/Medium/Weak Signal for Buy/Sell - Consolidation - Overbought/Oversold - Volatility Bands - Previous Day/Week/Month High/Low Wh
60 USD
Semafor 3LZZ Scanner Dashboard
Abir Pathak
3 Level ZZ Semafor Scanner: This is a Dashboard indicator which uses 3LZZ Indicator in the background to find semafors. It will give priority to the semafors3 because they specify a strong signal. You can go through this video tutorial to see how it works: https://youtu.be/Z4v4h8U6RiM Get all extra Indicators/Template from here: https://abiroid.com/extras/semafor-3lzz-scanner-dashboard To use this template just specify "3LZZ" in Dashboard Property: "Use Template For New Window" (without the
60 USD
SuperTrend Scanner
FXsolutions
This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time
59 USD
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Armando Cruz
20
Armando Cruz 2020.07.17 15:52 
 

es un indicador interesante lo utilizo en mis graficas y es bastante fiable sobre todo cuando las EMA cruzan las líneas de sobre compra. Gracias excelente

Maksym Mudrakov
25137
Maksym Mudrakov 2016.08.30 19:45 
 

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