The MACD Version Two Mod Indicator is a popular and useful forex indicator designed for the MT4 platform. It is widely used by forex traders to identify trend direction and potential entry and exit points in the market. This indicator is known for its accuracy and reliability in predicting market movements. The MACD Version Two Mod Indicator is free to download and install on your MT4 platform, making it accessible to all traders. It works by analyzing the convergence and divergence of two moving averages to generate buy and sell signals. When the MACD line crosses above the signal line, it indicates a potential uptrend, while a cross below the signal line suggests a possible downtrend. Overall, the MACD Version Two Mod Indicator is a valuable tool for forex traders looking to improve their trading strategy and make more informed trading decisions.
MT4
MACD Vesrion Two Mod
MACD Version Two Mod Indicator is a popular forex indicator for MT4 that is free to use. This indicator is useful for traders looking to analyze market trends and make informed trading decisions. It works by displaying a modified version of the MACD indicator, helping traders identify potential buy and sell signals. Users can customize the settings to suit their trading strategy.
| Indicator Type | |
|---|---|
| Trading Style | , |
| Timeframe | , |
| Platform |
0
People watching this product now!
Downloads - 2
Description
Reviews (0)
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
Synthetic VIX
The Synthetic VIX Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator utilizes a combination of price action and signals from multiple time frames to accurately predict market movements. The Synthetic VIX indicator can be used to identify potential entry and exit points in the market, as well as to identify trend reversals and breakouts. It is designed to provide traders with an easy to use and reliable indicator that can help them make informed trading decisions. With its accurate and reliable signals, the Synthetic VIX Indicator is a great tool for any trader looking to improve their trading performance.
Volatility Quality Zero
The Volatility Quality Zero Line Indicator is a new, popular and free forex indicator available on MT4 that determines the volatility quality of a financial instrument by measuring the relationship between the average true range and the true range. It draws a zero line, which serves as a guide to determine the direction of the trend, and traders can enter or exit positions based on its crossing. The Volatility Quality Zero Line indicator is a useful powerful tool that will definitely take your trading experience to the next level.
Momentum Reversal Detector
The Momentum Reversal Detector Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential reversals in market momentum. The indicator uses a combination of moving averages, oscillators, and price action to generate signals when a reversal is likely. The Momentum Reversal Detector Indicator is a great tool for any Forex trader looking to capitalize on short-term reversals.
3 Color MACD
The 3 Color MACD Indicator is a useful forex trading tool that is available for free on MT4. This popular indicator uses Moving Average Convergence Divergence (MACD) to help traders identify market trends and potential entry/exit points. The indicator is easy to use and can be applied to any currency pair or timeframe. It is ideal for both novice and experienced traders who want to enhance their trading strategy with a reliable technical indicator.
Currency Pairs Correlation
The Currency Pairs Correlation indicator is a free and popular tool for forex traders available on MT4 platform. It shows the correlation between various currency pairs, helping traders identify potential trading opportunities and manage their portfolio risk. The indicator calculates correlation coefficient between selected currency pairs and displays it as a color-coded matrix. The Currency Pairs Correlation indicator can be used by both novice and experienced traders to get a better understanding of market dynamics and make more informed trading decisions.
Pullback Factor
Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
MACD True
The MACD True Indicator is a popular and useful MT4 forex indicator that helps traders identify trends and momentum in the market. It is a modified version of the traditional MACD indicator that incorporates a color-coded histogram to provide more visual cues for traders. This indicator works by measuring the difference between two moving averages, and it is often used in conjunction with other technical indicators to confirm trading signals. Traders of all levels can benefit from using the MACD True Indicator in their trading strategies.
CCI Divergence
The CCI Divergence Indicator for MT4 is a useful and popular free Forex indicator. It is used to identify potential reversals in the market by looking for divergences between price and the Commodity Channel Index (CCI). The indicator uses the CCI to determine when the market is overbought or oversold and when the trend is likely to reverse. It will then plot a divergence line on the chart to indicate potential reversal points. The CCI Divergence Indicator for MT4 is a great tool for traders of all levels and can be used to help traders make more informed decisions.
Reviews
There are no reviews yet.