The Dual Time Frame MACD Signal indicator for Metatrader 4 is based on MACD and provides accurate buy & sell signals.
The indicator appears in a separate MT4 chart window as a colored MACD indicator with signal lines.
The Dual Time Frame MACD Signal indicator can be used in multiple ways.
Feel free to experiment with it!
Buy & Sell Trade Example
- Open a buy trade as soon as the MACD indicator crosses the zero level bottom-up (bullish).
- Open a sell trade as soon as the MACD indicator crosses the zero level top-down (bearish).
The indicator can be used as a standalone trading tool for both trade entry and exit, or as an additional MACD-based buy & sell trend filter.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “KAY_DualTimeFrameMACD.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The picture below shows the Dual Time Frame MACD Signal mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method when trading with the Dual Time Frame MACD Signal indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: MACD
Does the indicator repaint? No.
Dual Time Frame MACD + Munyuk Salper Scalping Strategy for MT4
Intro
This scalping strategy combines the Dual Time Frame MACD Signal Indicator with the Munyuk Salper Trend Following Indicator to deliver precise and fast trading setups on MT4.
The MACD defines the overall trend direction, while the Munyuk Salper provides entry points through clear green and red dot signals.
When the MACD is above the zero line, it shows bullish momentum, and when it is below, the trend is bearish.
The Munyuk Salper complements this by plotting green dots for buy signals and red dots for sell signals.
This combination helps traders enter in the direction of the dominant trend while keeping entries tight and well-timed.
This method is effective because it aligns market momentum with rapid entries.
It is best applied to timeframes such as M15 for trend confirmation and M5 for entries, though M5 for trend and M1 for entries can also be used for ultra-short scalps.
The setup is ideal for active traders who prefer quick trades, small stops, and frequent opportunities.
Buy Entry Rules
- Confirm the MACD is above the zero line.
- Wait for a green Munyuk Salper dot to appear.
- Enter a buy trade at the close of the signal candle with the green dot.
- Place stop loss below the recent swing low or below the low of the signal candle (6–15 pips, depending on volatility).
- Set take profit at 1:1 or 1.5:1 risk-to-reward, typically 8–20 pips for M1 and M5 scalps.
- Move stop to break-even once the trade reaches half of the target.
- Avoid trades during flat MACD periods or high-impact news.
Sell Entry Rules
- Confirm the MACD is below the zero line.
- Wait for a red Munyuk Salper dot to appear.
- Enter a sell trade at the close of the signal candle with the red dot.
- Place stop loss above the recent swing high or above the high of the signal candle (6–15 pips, depending on volatility).
- Set take profit at 1:1 or 1.5:1 risk-to-reward.
- Trail your stop to lock in profit once the price moves favorably.
- Avoid entering when the MACD is flat or during strong reversal candles.
Advantages
- Combines trend confirmation with clear entry timing.
- Dual timeframe structure filters out weak setups.
- Provides frequent opportunities for scalpers.
- Short trade duration minimizes exposure to volatility.
Drawbacks
- False dots may appear during low liquidity periods.
- Requires quick decision-making and strict discipline.
- Spreads and slippage can affect small profit targets.
- May underperform in choppy or ranging markets.
Example Case Study 1 — EUR/USD M5 entry, M15 trend
The M15 MACD stayed above the zero line, confirming bullish momentum.
On the M5 chart, a green Munyuk Salper dot appeared at 1.0930.
A buy trade was entered at the close, with a stop at 1.0922 and a target at 1.0944.
The trade reached the take profit for +14 pips.
Example Case Study 2 — GBP/USD M1 entry, M5 trend
The M5 MACD dropped below zero, confirming a bearish bias.
A red Munyuk Salper dot formed at 1.2490 on the M1 chart.
A sell was entered at the close of that candle with a stop at 1.2498 and a take profit at 1.2478.
The pair dropped quickly, hitting the target for +12 pips.
The trader used a trailing stop to secure gains as the price extended lower.
Strategy Tips
- Always confirm the trend with the higher timeframe MACD before taking a trade.
- Focus on active sessions like London and New York for better volatility.
- Backtest the setup to find optimal stop and target distances per pair.
- Limit risk to a small percentage of equity per trade.
- Avoid trading during major economic news releases.
- Keep a detailed trading log to monitor results and improve consistency.
Download Now
Download the “KAY_DualTimeFrameMACD.mq4” indicator for Metatrader 4
