Double Line MACD

MACD enthusiasts, you spoke and we listened. Due to popular demand, we developed a MACD indicator for MT4 that displays the traditional MACD line and Signal line, in addition to a color-coded histogram.

The histogram color changes based on positive/negative values, and you can customize calculation periods and line color/width.

PARAMETERS

The following parameters are available in this app:

Calculation

• Fast EMA Periods (Default 12)
• Slow EMA Periods (Default 26)
• Signal Line Periods (Default 9)

Style

• MACD line color
• MACD line width
• Signal line color
• Signal line width
• Positive histogram color
• Negative histogram color

Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.

Requirements

This indicator is only compatible with FXCM’s MetaTrader 4 software. Additionally, an FXCM account is required (including free demo accounts).