MACD Flat Trend Indicator for MT5

The MACD Flat Trend Indicator for MT5 helps to recognize whenever the market is in an uptrend, downtrend, or being flat (sideways). After this gauge is loaded up, you will see green, red and gray bricks. While the first two colors are pretty obvious, the gray bricks reflect market indecision – in other words, there are no clear readings regarding bias.

Example chart:

macd flat trend indicator example chart

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