Arrows by MACD MT4
This indicator is based on the standard MACD, arrows denote crossing of the main and the signal lines, taking into account the sensitivity threshold. Arrows appear when a new candlestick is formed, they do not blink and do not disappear, the indicator is not redrawn, not recalculated.
- FastEMA = 2; - the fast ЕМА period (MACD);
- SlowEMA = 13; - the slow ЕМА period (MACD);
- SignalSMA = 7; - the period of the signal line SMA (MACD);
- Threshold = 2.5; - sensitivity threshold.
The color and size of the signal is set in section "Colors". The MACD parameters apply to "close" prices.