The MACD indicator in MetaTrader 5 does not look like MACD as it was designed. That is because the MetaTrader 5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This
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Daniel Lewis
Produits publiés
Daniel Lewis
Produits publiés
MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the
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Afficher tous les commentaires (11)
mattwebb100
2020.06.03
Hi Daniel, I really love your macd and can't live without it but I have noticed my chart lags when high vol is happening. is there anything you can help me with to handle this? thanks again for the nice product. matt
rafatura
2022.01.31
Hello Daniel
Thank you very much for making available this indicator that is excellent in trading. Since the last update of mt5 build 3180 the traditional macd is not working anymore, could you please send me the mq5. My e-mail rafael.tura@gmail.com
Regards,
Thank you very much for making available this indicator that is excellent in trading. Since the last update of mt5 build 3180 the traditional macd is not working anymore, could you please send me the mq5. My e-mail rafael.tura@gmail.com
Regards,
Daniel Lewis
Produits publiés
This indicator displays a Line Break chart in the main chart window. To view the line break chart on its own, change the main chart window to display a Line Chart and then change the "Line chart" color to "None" in the F8 properties dialog. When scrolling, zooming in/out or changing the chart pair/timeframe, the indicator will resize the blocks on the next tick to fit the main chart viewing area. Line Break charts were invented in Japan and are similar to Point &
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