MACD Histogram with MA is a free mt4 (Metatrader 4) Forex indicator that delivers buy/sell signals and consists of MACD and 2 moving averages.
MACD stands for Moving Average Convergence/Divergence.
The indicator appears in a sub-MT4 window as a triple-colored trend histogram and an additional crossover signals system.
The indicator can be used in various ways. I will present you with an example below:
Buy & Sell Trade Example
- Open a buy trade as soon as the first green trend bar appears above the 0.00 level.
- Open a sell trade as soon as the first red trend bar appears below the 0.00 level.
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 histogramm with filter ma.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The example chart below displays the MACD Histogram with MA mt4 indicator in action.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MACD Histogram with MA 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.
MACD Histogram + Silver Trend MT4 Forex Scalping Strategy
This scalping strategy on MetaTrader 4 combines the MACD Histogram with MA Filter Indicator (histogram above zero = buy signal; below zero = sell signal) with the Silver Trend Indicator (blue-colored candlesticks indicate a buy trend; red-colored candlesticks indicate a sell trend).
It’s built for quick trades on M1 or M5 charts when momentum and trend align.
Buy Entry Rules
- Wait until the MACD Histogram rises above the zero level, signaling bullish momentum.
- Confirm that the Silver Trend indicator has turned the candlesticks blue, indicating a bullish trend.
- Enter a buy trade at the close of the signal candle (or immediately on the next candle open).
- Set the stop loss a few pips below the recent swing low or just below the last blue candle’s low.
- Set the take profit at approximately 8-15 pips (for M1) or 12-20 pips (for M5)
- OR exit when the histogram falls below zero or the candlesticks turn red.
Sell Entry Rules
- Wait until the MACD Histogram drops below zero, signaling bearish momentum.
- Confirm that the Silver Trend indicator has turned the candlesticks red, indicating a bearish trend.
- Enter a sell trade at the close of the signal candle (or at the next candle open).
- Place the stop loss a few pips above the recent swing high or just above the last red candle’s high.
- Set the take profit at about 8-15 pips (for M1) or 12-20 pips (for M5)
- OR exit when the histogram climbs above zero or candlesticks switch to blue.
Advantages
- Combines momentum confirmation (MACD Histogram) with trend direction (Silver Trend colored candles) for better precision.
- Simple visual signals make entries easy and fast, which is ideal for scalping.
- Works best in high-liquidity moments when momentum moves quickly and clearly on lower timeframes.
- Clear risk management with defined stop losses, target pips, and exit rules helps manage trades efficiently.
Drawbacks
- In sideways or low-momentum markets, the histogram may hover around zero, and colored candles may flip frequently, creating false triggers.
- Because targets are small and timeframes are short, spread and execution speed matter a lot—slippage can reduce profits.
- Requires active monitoring — this is not a “set-and-forget” strategy; you’ll be monitoring charts frequently.
- The histogram and trend color change can lag slightly, so entry may come a bit after the move starts.
Case Study 1: NZDUSD M1 Buy Setup
During the Asian session on the NZDUSD pair, the MACD Histogram rose above zero at 0.6452, and the Silver Trend indicator turned the candlesticks blue.
A buy trade was entered at 0.6453 with a stop loss at 0.6445 (-8 pips) and a take profit set at 0.6463 (+10 pips).
Price moved swiftly upward within minutes, hitting the target for a clean +10 pip scalp.
The alignment of histogram momentum and trend color provided a quick, high-probability entry.
Case Study 2: EURCAD M5 Sell Setup
On the EURCAD pair in the European session, the histogram dropped below zero at 1.4220, and the candles turned red.
A sell trade was placed at 1.4218 with a stop loss at 1.4230 (+12 pips risk) and a target at 1.4200 (-18 pips).
The pair fell steadily and reached the target within about 15 minutes, yielding +18 pips.
The dual confirmation helped filter a strong move rather than a random blip.
Strategy Tips
- Stick to high-liquidity major and cross pairs (e.g., EURUSD, NZDUSD, EURCAD) when scalping lower timeframes.
- Ensure your broker offers tight spreads and fast execution since small-pip targets amplify transaction cost effects.
- Keep position size small relative to account size when scalping; many small trades add up, but risk still needs control.
By using the MACD Histogram with the MA Filter Indicator and the Silver Trend Indicator, you get a scalping system for MT4 that emphasizes both trend and momentum.
When the histogram moves above or below zero and the candle colors match, you can act swiftly and confidently.
With disciplined risk management and careful pair/timeframe selection, this strategy is tailored for fast, repeatable intraday trades.
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Download the “Macd histogramm with filter ma.mq4” indicator for Metatrader 4
