Developed by Gerald Appel in the late seventies, Moving Average Convergence-Divergence (MACD) is one of the simplest and most effective momentum indicators available.
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MACD Divergence is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
MACD Divergence provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install MACD Divergence.mq4?
- Download MACD Divergence.mq4
- Copy MACD Divergence.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on MACD Divergence.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator MACD Divergence.mq4 is available on your Chart
How to remove MACD Divergence.mq4 from your Metatrader Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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