TMA MACD Indicator

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TMA MACD Indicator
This trend scanner is suitable for creating an EA with which you can trade on stocks too.

CATEGORIES: MT4, SIGNAL, OSCILLATOR
Updated on: 09.10.2023

Are you looking to harness the power of TMA to reduce the lag of moving averages and combine it with the powerful MACD? If so, The TMA MACD indicator for Mt4 does it best.

How to trade successfully with TMA Moving Average Convergence and Divergence MT4 Indicator?
The indicator calculates the MACD values using the next higher time frame than the current chart time frame. As a result, provides trading signals based on the next higher time frame trend. Staying in the trend direction of a higher time frame helps the trader exploit fluctuations in the current chart time frame.
Buy and sell signals are provided when the MACD histogram changes its color. This colored MACD indicator indicates the trend changes easily identifiable by both new and advanced traders. Trading with higher time frames tends to be more rewarding than the lower timeframes.