MACD Mago Trader

4.5

For those traders and students who follow the famous brazilian trader Igor Rodrigues (Mago Trader) here it is another tool he uses: a 2-line MACD specially set with Phi ratios. This MACD is packed with a twist: a Filling Area, to easily and visually spot the corresponding trend on the chart. Obviously, you can turn On and Off this filling feature.

If you don't know Igor Rodrigues and you are a brazilian trader and student, just google for him...

Very simple and useful indicator.


If you are looking also for the EMA-based indicator of this trader, here it is:

EMAs Mago Trader


SETTINGS

  • Period for the FAST MA. For M1=21 / M5|D|W|M=17 / M15|M60=27
  • Period for the SLOW MA. For M1=89 / M5|D|W|M=72 / M15|M60=117
  • Signal Line period. For M1=42 / M5|D|W|M=34 / M15|M60=55 
  • Price Type to be used.
  • Activate the Area Filling between the 2 EMAs: On | Off

Sometimes turning ON/OFF the filling may cause some refresh problemas, just decide how you would like the indicator to be displayed on your chart, and simply restart your platform... ;)


If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)


Avis 7
Neil Richard Pinheiro
425
Neil Richard Pinheiro 2023.06.19 16:47 

I use this indicator in combination with another indicator as a confirmation that it was the right time to buy and sell.

ragnarlord
54
ragnarlord 2022.05.31 19:19 

muito bom

Mr. A
61
Mr. A 2022.09.20 22:01 

Really good indicator. Please what is the SELL and BUY buffer?

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Issam Kassas
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Ramil Minniakhmetov
5 (18)
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Georgios Kalomoiropoulos
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5 (26)
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Flavio Javier Jarabeck
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Flavio Javier Jarabeck
4 (1)
Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
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Flavio Javier Jarabeck
The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
Market Momentum PRO
Flavio Javier Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulness
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Erkan Disci
123
Erkan Disci 2024.09.13 22:51 

L'utilisateur n'a laissé aucun commentaire sur la note

Neil Richard Pinheiro
425
Neil Richard Pinheiro 2023.06.19 16:47 

I use this indicator in combination with another indicator as a confirmation that it was the right time to buy and sell.

Mr. A
61
Mr. A 2022.09.20 22:01 

Really good indicator. Please what is the SELL and BUY buffer?

ragnarlord
54
ragnarlord 2022.05.31 19:19 

muito bom

Aleksandr Tamonin
4107
Aleksandr Tamonin 2021.01.24 11:50 

L'utilisateur n'a laissé aucun commentaire sur la note

myMt45Account
34
myMt45Account 2020.11.05 09:25 

Good product, just not for me.

Detleff Böhmer
3273
Detleff Böhmer 2020.07.20 16:47 

Sehr gut für die Erkennung der Trendstärke, passt gut zu Mago Trader.

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