MT5 / 005

Dual-line MACD

Overview

Dual-line MACD · MT5

Platform: MetaTrader 5 · Separate window

  • Calculation period: the number of bars used by the indicator.
  • Notification switch: controls alerts, popups or email. Email requires terminal configuration.
  • Alert bar: 0 is the current bar; 1 is the previous closed bar.

1. Indicator in use

Dual-line MACD · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

Dual-line MACD · Parameter settings
MT5 runtime parameter display. Alerts and messages are disabled for the screenshot instance; product defaults are listed below.Click the image to view full size
ParameterDefaultHow to use
ShortDefault12How to useCalculation period: the number of bars used by the indicator.
LongDefault26How to useCalculation period: the number of bars used by the indicator.
MidDefault9How to useCalculation period: the number of bars used by the indicator.
Enable alertsDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Parameter · Notification switchDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Parameter · Notification switchDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Parameter · Notification switchDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Alert bar indexDefault0How to useAlert bar: 0 is the current bar; 1 is the previous closed bar.

Installation and use

Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.

MT5 · Indicators

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Indicator file delivery with installation and usage guidance.

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