The MACD On Chart Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders who want to quickly and easily analyze the momentum and trend of a currency pair. The indicator can be used to identify potential buy and sell signals, as well as to determine the strength of the trend. The MACD On Chart Indicator is based on the Moving Average Convergence Divergence (MACD) indicator, which is a momentum oscillator. It is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. This calculation creates a line known as the MACD line. A signal line is then created by taking the 9-period EMA of the MACD line. The MACD On Chart Indicator is a useful and popular tool for Forex traders. It can help traders identify potential buy and sell signals, as well as measure the strength of the trend. The indicator is free and easy to install on the MT4 trading platform. With the MACD On Chart Indicator, traders can quickly and easily analyze the momentum and trend of a currency pair.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2023/05/Mac-d-On-Chart-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/05/Macd-On-Chart-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/05/Macd-On-Chart-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/05/Macd-On-Chart-screenshot-3-230x144.png)
Macd On Chart
The MACD On Chart Indicator is a popular and free Forex indicator for the MT4 platform. It is a useful tool that helps traders identify potential market trends and provides insight into the momentum of the market. The indicator is based on the Moving Average Convergence Divergence (MACD) indicator, which is a trend-following momentum indicator. The indicator also provides an alert when the MACD line crosses the signal line, which can be used to signal potential market entry and exit points. The MACD On Chart Indicator is easy to use and can be a great addition to any trader’s toolbox.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Trend
Downloads - 43
Description
Reviews (0)
Be the first to review “Macd On Chart” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Trend DashBoard
The Trend Dashboard Indicator is a powerful MT4 tool for forex traders who want to keep track of multiple currency pairs and timeframes on one chart. The indicator uses a dashboard to display the trend direction and strength for different currency pairs and timeframes. It also includes an alert feature that can notify traders of potential trading opportunities. With this indicator, traders can save time and stay on top of market trends, allowing them to make informed trading decisions.
Automatic Trendlines
The Automatic Trendlines indicator is a new and popular free to use MT4 indicator designed to automatically draw trendlines on your chart, saving you time and effort. The indicator uses advanced algorithms to determine trendlines based on price movement and can be used on any currency pair or timeframe. The Automatic Trendlines indicator is a useful tool for traders who want to quickly and easily identify trends in their charts.
Heikin Ashi Candle
The Heikin Ashi Candle Indicator is a new and popular forex indicator for MT4 that provides traders with a unique way to analyze price movements. It is designed to display candles on a chart in a way that filters out market noise and shows a clearer picture of the trend. The Heikin Ashi Candle indicator averages the open, close, high and low prices of each candle to create a smoother and more readable trend. This indicator is useful for traders of all skill levels as it simplifies the process of spotting trends and potential market reversals.
Reviews
There are no reviews yet.