MACD Zoom Buy/Sell Metatrader 4 Forex Indicator

The MACD Zoom buy/sell forex indicator works on the traditional MACD principle but comes with some extra interesting functions.

The indicator has a built-in zoom function that works very well.

The zoom function can be set to manually or automatic.

Buying and selling pairs with the indicator is very simple.

A buy signal occurs when the MACD Zoom indicator crosses back above the zero level from below.

Vice versa, a sell signal occurs when the MACD Zoom indicator crosses back below the zero level from above.

Feel free to play with its zoom function.

Free Download

Download the “MTH-b700-Mod-MTF-TickVolume-Indi.ex4” MT4 indicator

Example Chart

The EUR/USD H1 chart below displays the MACD Zoom Metatrader 4 forex indicator in action.

Basic Trading Signals

Signals from the MACD Zoom MT4 forex indicator are easy to interpret and goes as follows:

Buy Signal: Open buy trade position when the MACD Zoom indicator turns back above the zero level from below.

Sell Signal: Open sell trade position when the MACD Zoom indicator turns back below the zero level from above.

Tip: Utilize the MACD Zoom indicator together with trend indicators for more precise buy and sell trades.

Download

Download the “MTH-b700-Mod-MTF-TickVolume-Indi.ex4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart window indicator

Customization options: Variable (timeframe, manual zoom, automatic zoom) Width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly

Type: oscillator

Installation

Copy and paste the MTH-b700-Mod-MTF-TickVolume-Indi.ex4 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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