Modified MACD oscillator. A classic indicator that combines a trend indicator with an oscillator to detect entry points. It has a multi-time frame panel, as well as 3 types of notifications

• Works on all instruments and timeseries
• Trend indicator with an oscillator for inputs
• Multi-period panel on all timeframes
• Connected arrows when signals appear
• Three types of notifications: push, email, alert

MT4 version -> HERE / >Our news -> >HERE

AW Classic MACD – Indicator of convergence or divergence of moving averages, consists of two moving averages and a histogram

Moving Average Lines: 

• The blue thin line is the main fast line
• The thick red line is a signal, slow line

The indicator lines are displayed in a separate window, they are not located on the chart, the moving averages move relative to zero, and not relative to current prices.

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When two moving averages intersect, a signal from the indicator will be received

When the blue line above the red is an upward trend, the red line above the blue is a downward trend

Histogram:

• The size of the histogram increases, which means that the current trend increases, while the histogram turns dark
• The size of the histogram decreases – it means the end of the current dynamics, the color of the histogram changes to a lighter one

The histogram shows the ratio of the indicator lines to each other. The closer the lines are to each other, the shorter the histogram line. The further the indicator lines are from each other, the longer the line in the histogram

• The histogram above the “0” mark is an upward trend
• The histogram below the “0” mark is a downward trend

1. Zero Level:

• The blue line of the indicator crossed the “0” mark from the bottom up (that is, it was less than zero, and then it became larger) – a buy signal
• The blue line of the indicator crossed the “0” mark from top to bottom (it was greater than zero, and then dropped below zero) – a sell signal

2.   Cross Lines:

• The main (blue) line crossed the signal (red) line from bottom to top – a buy signal
• The main (blue) line crossed the signal (red) line from top to bottom – a sell signal

3. When the histogram is located below the “0” mark – this is a downward trend, the histogram is located above the “0” mark – an uptrend 

• Fast ema period MACD – The period of the fast (blue) moving average
• Slow ema period MACD – The period of the slow (red) moving average
• Signal period MACD – The period of the signal moving average, not displayed on the chart, used for calculations
• Applied price MACD – The price used to calculate the indicator
• Max Bars – The maximum number of candles to calculate the indicator
• Signals Type – Adjusting the display of signals
• Both Signals – Both types of signals
• Zero Level – Signals when crossing the zero level
• Cross Lines – Signals at the intersection of slow and fast moving averages

• Both Signals – Both types of signals
• Zero Level – Signals when crossing the zero level
• Cross Lines – Signals at the intersection of slow and fast moving averages

NOTIFICATIONS SETTINGS

• Notification candle number – Choose which candle to display notifications on (0 is the current candle, 1 is to work at closing prices, that is, work on the previous candle) 
• Send Push Notification – Use notifications about the appearance of new signals on the mobile version of the terminal
• Send Pop Up Alert – Use pop-up notifications
• Send Email – Use sending emails about the appearance of signals to email

GRAPHICS SETTINGS

• Multitimeframe dashboard – Panel display type, minimized or full
• Font size in panel – The size of the text on the indicator panel
• Y offset – moving the multiframe panel along the Y axis
• X offset – moving the multiframe panel along the X axis
• Uptrend Color Panel – The color of the upward direction in the panel
• Downtrend Color Panel – The color of the descending direction in the panel
• Up Color Main Panel – The color of the uptrend in the panel
• Down Color Main Panel – The color of the downtrend in the panel
• Buy Signal Color – The color of the arrow when a buy signal is received
• Sell Signal Color – The color of the arrow when a sell signal is received

We are happy to provide our developments for free, but due to our limited time, all free products are provided without any support

Thanks for understanding.

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