A simple signal indicator that detects MACD Main line extreme value. It filters first pike and displays all after the first.
This is an easy to use signal indicator that displays arrows on the chart. The main idea is to find MACD pikes starting from 2nd one in one side. Please check the image for more info
MT4 Indicator Download – Instructions
LOCSignal-MACDDoublePike is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
LOCSignal-MACDDoublePike provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install LOCSignal-MACDDoublePike.mq4?
- Download LOCSignal-MACDDoublePike.mq4
- Copy LOCSignal-MACDDoublePike.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on LOCSignal-MACDDoublePike.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator LOCSignal-MACDDoublePike.mq4 is available on your Chart
How to remove LOCSignal-MACDDoublePike.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: