This is a MACD with a (5-34-5) period setting. It shows two lines, generating trading signals at every crossover. Be aware that his indicatr repaints, better you don’t rely on its signals only but look for confirmation from other indicators before you place an order. It’s very precise when the market is trending, on the other hand it can produce false signals when the price is ranging.
- File: 5_34_5.mq4
- Size: 3 Kb