macd tape on chart is equal to zones between 13 ema and 20 ema zones - all important zones for short term swings to start and end. maximum retracement goes to lower border of the macd tape retracement beyond lower border of macd tape will flip the atr of prices to other side and brace for reversal to come.( reversal will occur with large and fast price action bar to catch trades on wrong side of trade) convergence points in all time frames are entry points trade only in direction of the trend. (counter trend traders and sideways market traders are the real traders that provide fuel for continuation of on going trend, by loosing their money!) __________________________________________________________ indicators goes to mql4/indicator/Downloads folder for this templet to work.