The MACD Currency Monitor V 0.8 indicator for MT4 can be used for trade entries and exits, or combine it with an existing strategy or system.
The indicator displays all signals in the upper left part of the main MT4 chart.
Just follow the buy & sell signals as they become available!
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “MACD Currency Monitor_v0.8.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the MACD Currency Monitor V 0.8 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 to trade with the MACD Currency Monitor V 0.8 Forex 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.
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Download the “MACD Currency Monitor_v0.8.mq4” indicator for Metatrader 4
