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Macd Multi Time Frame

With the MACD Multi Time Frame indicator you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes.

This blog post gives you real-time MACD Divergence Analysis for free and tips how to trade the divergences: Real-Time MACD Divergence Analysis

The MACD Multi Time Frame gives you an very good overview of what is happening on higher timeframes without the need of switching to the higher timeframe. You will e.g. always see the MACD value of the timeframe H4 while you are searching for entry opportunities on H1 or M30.


Parameters

  • referenceTF - A dropdown box where you can choose the timeframe of the MACD. The value of the MACD of this timeframe will be shown on lower timeframes
  • fastEMA - The period of the fast EMA of the MACD (12 by default)
  • slowEMA - The period of the slow EMA of the MACD (26 by default)
  • signal - The period of the signal of the MACD (9 by default)
fakherbf
79
fakherbf 2018.10.09 17:35 
 

this indicator is effective on different TF. it’s a perfect one when used with the divergence scanner. you have just to wait for the DIVERGENCE scanner signal, which does the analysis for you. you just have to confirm the signal on the chart using this indicator before taking a position. the designer of this indicator has several others indicators that are also interesting and complementary ones

cybeh
104
cybeh 2018.04.04 09:31 
 

Great value for money tool! Save one from having to switch back and forth between multiple time frames.

Especially if you trade on divergence strategies, this indicator can be of great assistance.