FX5-MACD Divergence Metatrader 4 Indicator

FX5-MACD Divergence finds divergences between the currency price and the MACD indicator. The indicator provides buy signals for bullish divergences and sell signals for bearish divergences.

Trading Signals

BUY: In uptrends: Open buy position after green arrow appears on the FX5 chart.
SELL: In downtrends: Open sell position after red arrow appears on the FX5 chart.

Use in conjunction with trend analysis tools to determine the primary trend. Don’t use FX5-MACD divergences against the primary trend.

Download

Download the FX5-MACD Divergence Metatrader 4 indicator.

GBP/USD 4 Hour Chart Example

fx5_macddivergence-mt4

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