Macdio Trigger Forex Indicator for MT4

The Macdio Trigger Indicator for MT4 was designed to provide clean trend signals. The indicator is based on the famous Moving Average Convergence Divergence gauge.

Example chart:

mt4 macdio trigger indicator example chart

How to use the MT4 Macdio Trigger Indicator?

The MT4 Macdio Trigger Indicator displays a dotted line that changes between three colors: pink, green, and yellow.

When the dots are green (above the 0 level), the market is in an uptrend, and you can look for buy opportunities. Similarly, when the dots are pink (below the 0 level), the market is in a downtrend, and you can look for sell opportunities. Yellow dots at the 0 level indicate market indecision.

The distance between the dots is also important. When the spacing becomes unusually large, it suggests strong market momentum.


Related products