Simple and high accuracy Forex Fisher MACD MT4 Trading System – The Fisher MT4 indicator is really a simple histogram. It detects the direction of trend (up or downtrend) and that’s when its histogram bars change color. If a bullish trend is forming, you will see green histogram bars. When a bearish trend is forming, you will see the red histogram bar form.
The Moving Average Convergence Divergence (MACD) is an oscillator type indicator that is widely used by traders for technical analysis (TA).
MACD is a trend-following tool that utilizes moving averages to determine the momentum of a stock, currency, or another tradeable asset.
The Moving Average Convergence Divergence oscillator is one of the most useful tools available. Not only because it is relatively easy to use, but also because it is quite effective at identifying both market trends and market momentum.
- Time Frame: M30 or higher
- Currency Pairs: Any
- Fisher Yur4ik
- Tipu MACD
- Exponential Moving Average
- Signal Trend
- Download “ForexWOT.Com-FisherMACD” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “ForexWOT.Com-FisherMACD.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Metatrader Client.
- Select Chart and Timeframe where you want to test your forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “ForexWOT.Com-FisherMACD” trading system and strategy
- You will see “Forex Fisher MACD MT4 Trading System” is available on your Chart
- Fisher Yur4ik: Lime histogram
- Tipu MACD:
- Fast MA > Slow MA.
- Green Histogram
- Exponential Moving Average: Red MA > Blue MA
- Signal Trend: bullish
- Fisher Yur4ik: Lime histogram
- Tipu MACD:
- Fast MA < Slow MA.
- Red Histogram
- Exponential Moving Average: Red MA < Blue MA
- Signal Trend: bearish
Fisher and MACD indicators:
- The downtrend start is signaled when the Fisher or MACD histogram bars change from green to red and vice versa for uptrend.
- The length of the histogram bars indicator how strong the trend is.
[sociallocker]
[/sociallocker]