1 indicator ex4
The MACD Cross Alerter
This indicator alerts you when the MACD crosses the 0-line. This dashboard scanner checks up to 30 instruments on up to 8 time frames for you and gives you real-time alerts!
You can get alerts in real-time:
- alerts via email
- alerts via push to your mobile
- and popups in your MT4
With the dashboard view you will spot highly interesting marketing situations.
For example you can spot trend continuation setups immediately. A trend continuation is a move in direction of the bigger trend after a pullback against the trend occurred. The continuation moves in direction of the trend are usually big and fast moves.
The following screenshot shows a trend continuation sell signal on EURUSD. The time frames H4 and H1 define the bigger trend and were already red (which signals that the MACD had negative values = downward trend).
The time frames M30 and M5 define the smaller trends. Both smaller trend sizes (M30 and M5) are showing the text “DN” which means the MACD crossed the zero line downward during the actual not yet closed candle. This “DN” defines the beginning of the trend continuation move on M30 and M5 which usually result in big and fast moves.