Macdio Trigger Indicator
MT4 Trend TradingFree DownloadThe Macdio Trigger Indicator is a trend indicator based on the famous Moving Average Convergence Divergence gauge.
The core of that indicator is a dotted line that takes three colors: pink, green and yellow.
When the dots are green (above 0 level) – there is an uptrend and you can look for buy trades. Similarly, when the dots are pink (below 0 level) – there is a downtrend and you can look for sell trades. Yellow dots at 0 level means market imprecision.