MT4 DualLine MACD MultiTimeframe
Typically multi-timeframe indicator inherits a seesaw outlook when applying a larger timeframe.
With enhanced interpolation smoothing algorithms, this dual-line MACD indicator addresses this drawback - and restores the similar outlook.
Screenshot 1 shows EURUSD H4 MACD at H1 chart.
BTW, dual-line MACD is slightly different with MT4 inhouse MACD - but widely used at various stock software e.g. Yahoo Finance. That's also popular among NorthEast Asian trading communities.
1. Select the desired timeframe at the variable of "TimeFrame".
2. "FastPeriod", "SlowPeriod" & "SignalPeriod" are standard MACD variables.
3. "kNBarMax" - max K bars to be calculated.