Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Hello traders, here's the MACD Pro System.
This is a MACD indicator for professional technical analysis.
Main Components
1. MACD Visual Elements:
MACD Histogram (green): Difference between the MACD line and the signal line
MACD Line (dodger blue): Difference between the fast EMA (12) and the slow EMA (26)
Signal Line (red): 9-period Simple Moving Average of the MACD
2. Configurable Parameters:
MACD Settings:
Fast EMA: 12 periods (default)
Slow EMA: 26 periods (default)
SMA Signal: 9 periods (default)
Trading Signals:
Signal arrows on the main chart
Audible and visual alerts
Mobile push notifications
Divergence Detection:
Fractal Window: 2 (analyzes 5 bars)
Lookback: 100 bars back
Minimum 10 bars between divergences
Advanced Features
1. Automatic Trading Signals:
Signal Buy: When the MACD line crosses above the signal line
Sell Signal: When the MACD line crosses below the signal line
Arrows appear on the main price chart with configurable colors
2. Divergence Detection:
Bearish Divergence:
Price makes higher highs
MACD makes lower highs
Suggests a possible bearish reversal
Bullish Divergence:
Price makes lower lows
MACD makes higher lows
Suggests a possible bullish reversal
3. Complete Alert System:
Visual alerts on screen
Audio notifications
Push notifications to mobile phone
Logging in the terminal
Highlighted Technical Features
Performance Optimization: Only recalculates on new confirmed bars
Memory Management: Automatic resource release
Fractal Detection: Identifies significant highs and lows
Divergence Lines: Clear display with dotted lines
Tooltips Informative: Detailed information on hover
Advantages over the Standard MACD
✅ Automatic divergence detection
✅ Visual signals on the main chart
✅ Complete alert system
✅ Customizable visual settings
✅ Optimized for multiple timeframes
✅ False signal filtering
This indicator is ideal for traders looking for a more comprehensive and automated MACD analysis, especially useful for identifying potential reversal points through divergences and receiving timely alerts of trend changes.
It also works for the Forex/Crypto market and synthetic indices, the most comprehensive and can be used on any timeframe!
