The MACD with OsMA indicator for MT4 provides precise buy and sell signals on the activity chart with the help of MACD and OsMA.
The indicator appears in the main MT4 chart as a colored signal line accompanied by buy and sell arrows.
Buy & Sell Trade Example
- A white colored arrow represents a buy signal.
- A red colored arrow represents a sell signal.
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 osma on chart mtf.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the MACD with OsMA 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 with OsMA 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 with OSMA + Smoothed Hull MA Forex Scalping MT4 Strategy
This MT4 scalping strategy combines the MACD with OSMA Indicator and the Smoothed Hull Moving Average Indicator to catch short, high-probability trades on M1 and M5 charts.
The MACD with OSMA provides precise entry points using white (buy) and red (sell) arrows, while the Smoothed Hull MA shows the prevailing micro-trend with green (bullish) and orange (bearish) histogram bars.
Together, they filter out noise and deliver fast, trend-aligned scalping entries during active market hours.
Buy Entry Rules
- Wait for the Smoothed Hull MA to display green histogram bars, confirming an upward or bullish micro-trend.
- Look for a white arrow from the MACD with OSMA indicator to appear, indicating a buy entry signal.
- Enter a buy position at the close of the arrow candle or at the open of the next candle for confirmation.
- Set a stop loss just below the recent swing low or 5–8 pips below entry on M1 and 8–12 pips on M5.
- Take profit between 10–15 pips on M1 and 15–25 pips on M5, or close when orange histogram bars appear or a red arrow shows.
Sell Entry Rules
- Wait for the Smoothed Hull MA to display orange histogram bars, confirming a bearish micro-trend.
- Look for a red arrow from the MACD with OSMA indicator to appear, indicating a sell entry signal.
- Enter a sell trade at the close of the signal candle or the open of the next candle.
- Set the stop loss just above the recent swing high or 5–8 pips above the entry on M1 and 8–12 pips on M5.
- Set a take profit target of 10–15 pips on M1 and 15–25 pips on M5, or exit when green histogram bars or a white arrow appear.
Advantages
- Combines fast momentum signals with micro-trend direction for cleaner scalping entries.
- Visual and simple: white/red arrows for entry and green/orange histograms for confirmation.
- Works well in high-liquidity sessions (London and New York) where quick moves are common.
- Provides multiple opportunities daily with small, consistent profit targets.
Drawbacks
- In choppy or low-volatility periods, both indicators may give false signals and quick reversals.
- Requires fast execution and a broker with low spreads—slippage can ruin tight-stop trades.
- Because it’s a scalping setup, transaction costs can add up quickly on lower timeframes.
Case Study 1: GBPUSD M1 Buy Example
During the London session, GBPUSD showed green histogram bars on the Smoothed Hull MA around 1.2635.
Shortly after, the MACD with OSMA printed a white arrow at 1.2637.
A buy order was placed at 1.2638 with a stop loss at 1.2630 (-8 pips) and a target at 1.2652 (+14 pips).
Price moved upward within four minutes, hitting the target for a quick scalp.
The alignment of trend and momentum produced a clean, low-risk entry.
Case Study 2: USDJPY M5 Sell Example
In the early New York session, USDJPY printed orange histogram bars on the Smoothed Hull MA, showing a bearish bias.
Soon after, a red arrow appeared from the MACD with OSMA at 150.85.
A sell trade was opened at 150.83 with a stop loss at 150.95 (-12 pips) and a take profit at 150.60 (+23 pips).
Price dropped steadily, reaching the profit target in about 20 minutes, confirming how strong alignment between both indicators yields efficient short-term trades.
Strategy Tips
- Focus on major pairs such as EURUSD, GBPUSD, and USDJPY with tight spreads and high intraday volume.
- Avoid trading around major news events or low-liquidity hours—signals are less reliable when volatility is erratic.
- Only take trades when both indicators align perfectly; mismatched colors or early arrows usually lead to losses.
- Use this strategy on M1 or M5 charts only during active market hours for optimal precision.
- Keep risk small (0.5–1% per trade) since multiple scalps per day will naturally compound results.
By combining the MACD with OSMA Indicator and the Smoothed Hull Moving Average Indicator, traders can scalp effectively with visual clarity and strong confirmation between trend and momentum.
When white or red arrows align with matching histogram colors, the setup delivers fast and consistent opportunities in trending micro-conditions.
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Download the “Macd osma on chart mtf.mq4” indicator for Metatrader 4
