The MACD Cloud Forex indicator that runs on Metatrader 4 is a cloud-based buy & sell MACD indicator that works well.
Key Points:
- The green MACD cloud represents an uptrending market.
- The red MACD cloud represents a down-trending market.
Tips:
For scalping and day trading the M1, M5, and M15 time frames, utilize the indicator during the London and U.S. trading sessions for best performance.
For swing trading (H1, H4, and D1 charts), it can be used across all trading sessions without any problem.
Free Download
Download the “all-macd-adaptive-mtf-indicator.mq4” indicator for MT4
Indicator Example Chart (EUR/USD Daily)
How to trade with it (example)?
Open a buy trade as soon as the green MACD cloud starts drawing on the chart.
Open a sell trade as soon as the red MACD cloud starts drawing on the chart.
Exit the trade when an opposite trading signal appears on the chart, or close for a fixed profit target of your preference.
Feel free to use your own favorite trading method to open and close trades with the MACD Cloud Forex indicator.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: History, zero period, MACD compress, fast mode, slow mode, signal mode 1, signal mode 2, color settings & style
Indicator type: MACD
Repaint? Does not repaint the MACD cloud.
Download Now
Download the “all-macd-adaptive-mtf-indicator.mq4” indicator for Metatrader 4
MACD Cloud + ADX Candles Buy/Sell Strategy for MT4
This powerful trading strategy combines the trend-following and momentum-tracking capability of the MACD Cloud Forex Indicator with the clarity of directional strength provided by the ADX Candles Buy/Sell Forex Indicator.
The goal is to capture strong, sustained price moves by aligning trend signals with momentum-confirmed candlesticks.
Ideal for M15 to H1 timeframes, this system is well-suited for trend traders who want to avoid sideways markets and low-quality setups.
What Is This Strategy About?
The MACD Cloud Indicator displays the classic MACD histogram and signal line as a colored “cloud” on the chart, helping traders easily visualize bullish or bearish momentum shifts.
The ADX Candles Indicator colors the price candles based on the strength and direction of the trend using the Average Directional Index (ADX).
When used together, traders can validate MACD-based momentum signals with the strength and clarity of ADX-colored candles for higher accuracy in entries and exits.
Buy Rules
Conditions:
- The MACD Cloud turns green, indicating bullish momentum and a potential uptrend.
- ADX Candles are also green, showing strong trend strength in the bullish direction.
Entry:
Enter a buy trade when both the MACD Cloud and the ADX Candles agree on a bullish setup.
Stop Loss:
Place the stop loss below the recent swing low or just beneath the MACD Cloud support area.
Take Profit:
Use a 1:2 or 1:3 risk-reward ratio, or exit the trade when the MACD Cloud starts to fade or the candles turn neutral/red.
Sell Rules
Conditions:
- The MACD Cloud turns red, signaling bearish momentum and a downtrend.
- ADX Candles are red, confirming strong bearish trend pressure.
Entry:
Open a sell trade when both indicators align in a bearish direction.
Stop Loss:
Place stop loss above the recent swing high or the MACD Cloud resistance zone.
Take Profit:
Use fixed targets or close the trade when the MACD Cloud fades or candles shift color to neutral/bullish.
Advantages
- Double confirmation helps filter out false signals and noisy market moves.
- Visually intuitive setup using cloud coloring and candle shading.
- Works well on trending markets and minimizes exposure during sideways conditions.
- Suitable for traders who prefer technical clarity and less subjectivity.
Drawbacks
- May lag slightly due to MACD smoothing, especially during fast reversals.
- Not ideal in low-volatility or range-bound conditions.
- Fewer trade setups due to strict confirmation rules.
Conclusion
The MACD Cloud + ADX Candles Buy/Sell Strategy is a solid, trend-focused method that helps traders stay aligned with strong market movements.
The MACD Cloud Indicator offers a visual representation of momentum shifts, while the ADX Candles Indicator confirms trend strength using color-coded candles.
When both tools signal in the same direction, traders can confidently execute with reduced risk of false breakouts or reversals.
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the all-macd-adaptive-mtf-indicator.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.
