Reverse MA C D
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup 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.
Description & Settings
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.
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
