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Re: MACD indicators for MT4

josi, Tue Nov 23, 2021 9:57 pm

moey_dw wrote: Tue Nov 23, 2021 8:30 pm FastMa 36
SlowMa 58
SignalMa 9
MaMethod SIMPLE
Price Type CLOSE
It very much depends on - as always - how you are trading and - therefore - what your entries are in your "trading" indicator (entries & exits).
So I can use it for directional bias in the background.
If you ask Banzai or Kvak to give it a button it can be turned on and off -; I'd call it MACDbias.
P.S.: "normally" FastMa and SlowMa are EMA, I believe, (so you may well be using Mode_EMA,) but I may very well be wrong about that, too.
P.P.S:
the blue line (fast MA) represents trading TF (entries & exits)
the red line (slow MA) represents +1TF (directional bias)
compare: the crosses in subwindow
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