Description
Our Color Changing MACD Indicator
Cross Over from an Old Classic to a Modern Interpretation with our MACD Indicator
Our MACD Colors is out updated version of a classic indicator. Our version uses a price reactive color scheme for the elimination of doubt, with everything to the long side turning blue and everything to the short side turning red in real-time.
MACD stands for Moving Average Convergence/Divergence. The MACD is a technical analysis indicator, originally developed in the late 1970s by Gerald Appel. It took the form of two separate lines plotted around a zero line. Then Thomas Asprey added the histogram to it as his contribution in 1986.
The MACD can be used to identify changes in a trend in terms of its direction, strength, duration and momentum, when applied to the price chart of an instrument (i.e. Stocks, Forex, Futures, etc.)
Our MACD takes information based on price trends and can be very useful for a trending market, although it is generally not so useful in a sideways market.
Combine the MACD with the Moving Average Indicator for a fantastic trading setup.
Indicator feature List:
Simple Install
Real-Time
Directional Movement
Custom Inputs
Custom Colours
Alerts
Included Customer Support:
Indicator Documentation
Dedicated Online Support
Support Videos
We Support The Following Trading Platforms
Richard –
Thanks for this indicator, I love it, its much better than the free one I get with ninja, I would have been given you 5 star but it took 3 days before you sent it. I forgive you though!! Rich
Christopher Scott –
Sorry it took a few days to send over and activate. We usually prioritise the paid orders before the free ones and depending on volume of orders the free ones can take a few days sometimes. Thanks for forgiving us. 🙂