reverse ma c d
Info
The reverse ma c d is a Indicator for MetaTrader 5 that the indicator calculates what price should be on the next bar for the macd and signal lines of the standard macd indicator intersect. it was described in johnny doug's article reversing macd: the sequel in the s & c magazine in december, 2013.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use reverse ma c d
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
the indicator calculates what price should be on the next bar for the macd and signal lines of the standard macd indicator intersect.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: nrtr (nick rypock trailing reverse) - another powerful indicator for MetaTrader 5 traders.
the indicator calculates what price should be on the next bar for the macd and signal lines of the standard macd indicator intersect. it was described in johnny doug's article reversing macd: the sequel in the s & c magazine in december, 2013.
Also recommended: Reverse Symbol Indicator - similar indicator with strong performance on MetaTrader 5.
it is useful, for instance, in approximately forecasting the prices of pending orders.it has five input parameters:
macd fast ma period
- fast ma period of the macd indicator
macd slow ma period
- slow ma period of the macd indicator
macd signal line period
- signal line period of the macd indicator
method
- macd calculation method
simple
- sma
exponential
- ema
applied price
- calculation price
fig 1. reverse macd
fig. 2. reverse macd and standard macd with similar settings
You may also like: reverse min max - excellent alternative for indicator users on MetaTrader 5.
Source Code
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⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.