MACD Alert Indicator

MACD Alert Indicator

Determine accurate buy-sell signals using the best MACD-based MT4 trend indicator. Suits MTF charts and works super for forex/stock day and intraday trading.

The SC MTF MACD for MT4 with multi Alert is a trend-following forex and stock trading indicator. It combines MACD with simple moving averages for processing real-time buy-sell signals. Once you install it to your MetaTrader 4 platform, the indicator starts performing an automatic scan showing the changes in market trends. Besides, you can also use its signal to determine current trend strength, trade entries, and exits.

Technically, the SC MTF MACD for MT4 with Alert indicator is a good match for all timeframes. However, it works best when applied in a higher timeframe, like 4-hour, daily, and weekly charts.

Furthermore, the indicator delivers instant alerts on key market events. You can specify the event you want to be alerted for in its MT4 settings. Its signal service includes pushing notifications, email, and popup sound alerts, ensuring you never miss the price actions you’re looking for.

How to Trade Forex and Stocks using the SC MTF MACD for MT4 with Alert Indicator
The SC MTF MACD for MT4 with Alert applies crossovers between the MACD and the Signal Line for determining the current market momentum. When the MACD exceeds the signal line, we consider it a bullish trend signal. Contrarily, the MACD will always intend to remain lower than the signal line during solid downtrend market conditions.

We’ll activate buy orders when a bullish crossover forms above the zero level shown in the oscillator window. In the same way, look to go short when the MACD value turns negative and plots a bearish crossover with the signal line simultaneously.

In the above EUR/USD daily chart, MACD and signal line returned above the zero level while the price formed a double bottom pattern. Later, the indicator levels plotted a bullish crossover confirming the buy signal. While holding a buy or sell position, look for an opposite crossover between the MACD and the signal line before perforing a trade exit.

Conclusion
The SC MTF MACD Alert for MT4 is one of the best momentum oscillators developed for trend-based buy-sell signals. With a moving average trigger line and traits of both leading and lagging indicators, the MACD offers the flexibility and usefulness that traders want. Besides, explore hidden divergences and recognize solid price breakouts using its real-time momentum signals on MTF charts.