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MACD Trend Candles V3 Metatrader 4 Indicator

    The MACD Trend Candles indicator identifies strong and weak trends and helps you to get quickly in and out trades.

    Light green candles represent strong bullish trends.

    Red candles represent strong bearish trends.

    Dark green and dark red candles represent a flat (ranging) market.

    This indicator works well for all time frame’s and all currency pairs.

    Trading Signals

    BUY: Wait for a light green candle to appear on the chart.
    SELL: Wait for a red candle to appear on the chart.


    Download the MACD Trend Candles V3.mq4 indicator.

    USD/JPY 30 Min Chart Example


    How to install the MACD Trend Candles V3 custom indicator in Metatrader 4?

    • Download the MACD Trend Candles V3.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.