MACD (Moving Average Convergence/Divergence) Indicators for MT4

MACD Histogram with MA Filter Indicator for MT4

by The Specialist -
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MACD Histogram with MA Filter Indicator

MACD Histogram with MA Filter Indicator

The MACD Histogram is a momentum indicator that shows the difference between the MACD line and the signal line, providing insights into potential trend reversals. To trade using the MACD Histogram, look for the following signals: buy when the histogram crosses above the zero line, signaling bullish momentum, and sell when it crosses below the zero line, indicating bearish momentum. Additionally, consider divergences between the histogram and price action (if prices are making new highs or lows but the histogram is not, this could suggest a potential reversal). Always use proper risk management and combine the MACD Histogram with other indicators for confirmation.