Description of the Indicator
Welcome back, fellow traders! Today, I’m excited to introduce you to the latest gem in the 'Four Colors' series – the MACD Four Colors Arrow indicator for MetaTrader 5. This nifty tool takes the traditional MACD signals and presents them as arrows right in the main window, making it super easy to spot trading opportunities at a glance.
For added clarity, you’ll see the original MACD line displayed alongside the arrows, helping you make more informed decisions in your trading strategy.
Pic. 1. MACD Four Colors Arrow
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