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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)