COG MACD Trend Indicator
Platform: MT4 Type: Trend Last update: September 24, 2024The COG MACD Trend is a forex trend indicator based on popular Center of Gravity and Moving Average Convergence Divergence indicators.
That gauge gives an interesting trend-following channel wrapped around the MACD bars.
It’s really easy to follow the signals provided by the COG MACD indicator:
- The trend is considered to be bullish (uptrend) when the channel is sloping up and MACD bars turn olive color.
- The trend is considered to be bearish (downtrend) when the channel is sloping down and MACD bars turn tomato color.
