Momentum Blocks MACD
- Göstergeler
- Sürüm: 1.0
Momentum Blocks MACD is a visual momentum indicator for MetaTrader 5. It keeps the familiar MACD structure while making changes in histogram direction easier to read through four distinct momentum states and wide histogram blocks.
The indicator is designed for discretionary chart analysis. It does not open, modify or close trades.
Main features
- MACD line and Signal line in a separate indicator window.
- Four-state histogram that distinguishes positive/negative momentum and expansion/contraction.
- Wide block-style histogram for faster visual reading.
- Adjustable Fast EMA, Slow EMA and Signal periods.
- Adjustable applied price.
- Optional MACD/Signal crossover markers.
- Optional Zero-Line crossover arrows.
- Optional Momentum Launch markers based on histogram compression around a Zero-Line event.
- Closed-bar signal confirmation option.
- Fully configurable colors, arrow sizes and visual settings.
Default parameters
- Fast EMA: 12
- Slow EMA: 26
- Signal period: 9
- Applied price: Close
How to use it
Attach Momentum Blocks MACD to any chart and timeframe. The histogram shows whether momentum is positive or negative and whether it is expanding or contracting. The MACD and Signal lines can be used in the same way as a conventional MACD. Optional arrows and markers can be enabled or disabled from Inputs.
Signal interpretation
Crossover and Zero-Line markers are analytical events, not trade instructions. A marker only identifies that the configured technical condition occurred. Market context, spread, volatility and individual risk rules remain the trader's responsibility.
Important
- This indicator does not execute trades.
- It does not provide Stop Loss or Take Profit levels.
- It does not guarantee any trading result.
- Historical behavior does not guarantee future behavior.

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