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Indicator MT5
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MACD 3 Color Indicator
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Age 3+
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level: Beginner
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English
Author's Instructions
The MACD 3 Color Oscillator in the MetaTrader 5 platform helps identify price momentum strength and potential trend reversals.
This signal and forecast indicator includes a green signal line and two sets of light purple and dark purple histograms, which are used to identify trend continuations and reversals.
Changes in histogram color and oscillations in the signal line between the positive and negative phases can signal trade entry or exit points.
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Indicator MT5
-
MACD 3 Color Indicator
-
Age 3+
-
level: Beginner
-
English
Author's Instructions
The MACD 3 Color Oscillator in the MetaTrader 5 platform helps identify price momentum strength and potential trend reversals.
This signal and forecast indicator includes a green signal line and two sets of light purple and dark purple histograms, which are used to identify trend continuations and reversals.
Changes in histogram color and oscillations in the signal line between the positive and negative phases can signal trade entry or exit points.