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MACD Chart Points Metatrader 4 Forex Indicator

    The MACD Chart Points MT4 indicator generates buy and sell trading dots directly on the main activity chart.

    The buy/sell dots generated by the indicator are based on MACD.

    This MACD indicator is composed of Fast EMA + Slow EMA + Signal SMA.

    The indicator settings can be customized directly from the indicator’s input tab.

    Blue dots suggest the trend is bullish and traders look to open a buy trade position.

    Red dots suggest the trend is bearish and traders look to open a sell trade position.

    This indicator can be useful for any trade style (scalping, day trading, swing trading).

    Free Download

    Download the macd-chart-points.mq4” MT4 indicator

    Example Chart

    The EUR/USD H1 chart below displays the MACD Chart Points forex indicator in action.

    Basic Trading Signals

    Signals from the MACD Chart Points are easy to interpret and goes as follows:

    Buy Signal: Open buy order when a blue dot appears on the chart (bullish signal).

    Sell Signal: Open sell order when a red dot appears on the chart (bearish signal).

    Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.


    Download the macd-chart-points.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart pattern

    Customization options: Variable (FastEma, SlowEma, SignalSMA) Colors, width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: Oscillator


    Copy and paste the macd-chart-points.mq4 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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