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MACD Signal

Moving Average Convergence Divergence (MACD) Signal 

Input parameters:

  • signal mode: set it to true if you want to plug it into STAT (Signal Tester and Trader)
  • arrow shift: distance between fast EMA line to arrow on chart
  • standard entry mode for MACD
  • fast EMA period
  • slow EMA period
  • MACD period
  • MACD price method

Standard Entry mode:

  • buy when slow EMA cross and close above fast EMA while above the 0 line 
  • sell when fast EMA cross and close above slow EMA while below 0 line

You can find the best setting for 4 hour EURUSD on this video



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Versão 1.2 2020.08.25
Found and remove links on the indicator description