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MACD Rising Falling Metatrader 4 Forex Indicator

    The MACD Rising Falling MT4 indicator is an intelligent EMA based MACD indicator with green and red histogram signals.

    This MACD indicator is composed of Fast EMA (12) + Slow EMA (26) + Signal EMA (9).

    The indicator settings can be customized directly from the indicator’s input tab.

    There are three types of signals:

    • Green histogram bars: this is a signal to buy the pair
    • Red histogram bars: this is a signal to sell the pair
    • Yellow histogram bars: the market is flat or range-bound. Stick with your current position or wait for a green or red histogram bar to popup

    This indicator can be useful for any trade style (scalping, day trading, swing trading).

    Free Download

    Download the macd-rising-falling.mq4” MT4 indicator

    Example Chart

    The EUR/USD H1 chart below displays the MACD Rising Falling forex indicator in action.

    Basic Trading Signals

    Signals from the MACD Rising Falling are easy to interpret and goes as follows:

    Buy Signal: Open buy order when a green histogram bar appears on the chart (bullish signal).

    Sell Signal: Open sell order when a red histogram bar appears on the chart (bearish signal).

    Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.


    Download the macd-rising-falling.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart pattern

    Customization options: Variable (FastEma, SlowEma, SignalEMA, Price, ShowOsma) Colors, width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: Oscillator


    Copy and paste the macd-chart-points.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)

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