BB MACD

BB MACD MT4 indicator - a simple variation of the indicator MACD (Moving Average Convergence Divergence), which helps determine a change in the direction of the trend, but also because the current trend. Indicator drawn in a separate window graphics, and consists of two lines (blue and red), and points that can be either green or lilac. Change the color of the points is a good signal, while the width of the gap between the lines shows the effect of this trend.

Input parameters:

* FastLen (default = 12) - during the "fast" moving average (with the smallest period), which is used to calculate the points for this indicator.
* SlowLen (default = 26) - the period of "slow" moving average (with the largest period), which is used to calculate the points for this indicator.
* Length (default = 10) - period moving average and standard deviation indicator, which is used to calculate the lines in this display.
* BarsCount (default = 400) - the maximum number of bars in the schedule for which will be shown that the (not an important parameter).
* StDv (default = 2.5) - the weight for the indicator of the standard deviation of its role compared with the moving average.


As you can see in the schedule, the signals to the purchase arose when Purple points are green, and the signals are for sale - where the green points are lilac. Trading is better when the gap between blue and red line is quite wide.

Download:

BB MACD in. Zip