Arbitrage MACD Forex Signals Indicator For Metatrader 4
The Arbitrage MACD for MT4 is a true winning Forex signals indicator that works for scalping, day trading and swing trading.
The Arbitrage MACD indicator has a 70-75% win rate and can be slightly increased when used in agreement with other technical indicators or with price action methods.
The Arbitrage MACD buy and sell trends work as follows:
- A blue Arbitrage MACD histogram represents a rising market. The trend is bullish.
- A green Arbitrage MACD histogram represents a falling market. The trend is bearish.
The indicator has a lot of different options and parameters that can be fully modified from the inputs menu.
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Arbitrage MACD Forex Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With Arbitrage MACD Forex Signals Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Open long trade when the Arbitrage MACD indicator starts drawing a blue histogram on the chart.
Place initial stop loss just below support, or use your own stop loss placement method.
Close the buy trade for a reward to risk 1.8:1 ratio or better, or use your own favorite take profit method.
Alternatively, exit the Arbitrage MACD buy trade for a fixed take profit target, for example, 25 pips on the 5-minute scalper chart.
Sell Trigger: Open short trade when the Arbitrage MACD indicator starts drawing a green histogram on the chart.
Place initial stop loss just above resistance, or use your own stop loss placement method.
Close the sell trade for a reward to risk 1.8:1 ratio or better, or use your own favorite take profit method.
Alternatively, exit the Arbitrage MACD sell trade for a fixed take profit target, for example, 60 pips on the 1-hour trading chart.
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Indicator, MACD, Stochastic, RSI, CCI, DeMarker, RVI, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: MACD
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.