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Jun 30, 2016

Forex BB MACD Indicator -mq4.

          Forex BB MACD Indicator -mq4.
BB MACD Indicator is a basic MACD indicator variation,which helps in detecting the trend change points and measuring the current trend's strength.The indicator is drawn in the separate window on the chart and consists of two lines(blue and red) and the dots,which can be either green or magenta.The change of the dot's color is a good signal provider,while the width of gap between the two lines indicates the strength of the current trend.

Trading Signals:
Buy :when the magenta dots turn intothe green ones 
sell :when the green dots become magenta
Trading is better to be performed when both blue and red lines are rather wide
Indicator Preference:
  Currency pairs: any
  Time frame: 15,30,H1
  Trading sessions:any

Configurable Indicator Options:


How to use a custom indicator on your charts:
Step1: Dowload the mq4 file into your c:\Prom File\Meta Trader4\MQL4\Indicators
Step 2: Open your MT4
Step 3: Locate the Navigator Panel.
Step 4: On the Navigator ,find custom Indicators .
Step 5:Click Custom indicators ,and you should see your newly installed indicator.
Step 6:Double click the indicator and the Indicator Properties window will appear.
Step 7: Click OK.

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