MetaTrader 4 - help with MACD

Discussion in 'Trading Software' started by Dave2, May 15, 2005.

  1. Dave2

    Dave2

    Hi,

    I am using MT4 and trying to display the lines in the MACD indicator in order to use crossover signals in my trading. However, the only version I get is MACD histogram with one red line which is not what I want.

    If anyone can advise It is appreciated,

    Dave
     
  2. cosmic

    cosmic

    the histogram is the difference of your crossover lines. so you can also see the crossover signal there by watching for a cross above / below zero.

    best,
    cosmic
     
  3. Dave2

    Dave2

    Thanks for that interpretation Cosmic.

    Regards,
    Dave
     
  4. cosmic

    cosmic

    no prob dave -

    not that I use the MACD often, but some find using the histogram also helps interpreting divergences better.

    nice sunday,
    cosmic