MACD Crossover Arrows & Alert Indicator
Platform: MT4 Type: Scalping Last update: September 25, 2024The MACD Crossover Arrows & Alert Indicator for MetaTrader 4 plots a buy or sell arrow on the chart whenever the FastMA crosses SlowMA of the Moving Average Convergence/Divergence. In essence, it’s a simplified version of the traditional MACD indicator, but it provides much clearer signals. Additionally, the gauge gives alerts in a pop-up window.
Example charts
The MACD Crossover Arrows & Alert Indicator should be rather used in conjunction with other technical analysis tools. However, during sideway market conditions, it can work pretty well even as a standalone gauge.
Check these charts of the MACD Crossover Arrows & Alert Indicator in action.
Settings
These are available settings.
