All MACD Adaptive MTF Indicator
Platform: MT4 Type: Trend Last update: September 28, 2024The All MACD Adaptive MTF Indicator is, as the name suggests, an multi-timeframe forex indicator based on the Moving Average Convergence Divergence. It is a complete trend-following trading tool capable of deriving values from a shorter or longer timeframe and display them on your current chart. Signals provided by the All MACD Adaptive gauge are based on crossovers. If you are familiar with Moving Averages, you will quickly learn that tool either.
How to trade with the all macd adaptive mtf indicator?
The All MACD Adaptive MTF Indicator applies a dual MA crossover system along with a thick bars cloud based on a 15-day Sine Weighted Moving Average (SWMA). The moving averages used to identify the crossover trend signals are 9 VWMA (Volume Weighted Moving Average) and 21 LWMA (Linear Weighted Moving Average).
Buy Signal
Follow these steps for a long trade:
- The 15 SWMA (thick bars) of All MACD Adaptive turns green color
- 9 VWMA moves above 21 LWMA
- Buy trade is triggered after the above conditions are met
- Set stop loss a few pips below the last low point of the market
- Take profit or exit trade whenever the 15 SWMA of All MACD Adaptive bars turn red or use your own preffered method of trade exit
Sell Signal
Follow these steps for a short trade:
- The 15 SWMA (thick bars) of All MACD Adaptive turns red color
- 9 VWMA moves below 21 LWMA
- Sell trade is triggered after the above conditions are met
- Set stop loss a few pips above the last high point of the market
- Take profit or exit trade whenever the 15 SWMA of All MACD Adaptive bars turn green or use your own preffered method of trade exit
