MACD Alert Indicator for Metatrader 4
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The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator.
Using MACD is one of the main Indicators for Forex trading, and it is used by all Forex traders from basic to advanced. It is calculated by subtracting X-days EMA from the Y-days EMA. Then the signal line is plotted on the top of the Indicator to function as a trigger for buy...