ZeroLag MACD MetaTrader 4 Forex Indicator

is an indicator Moving Average Convergence/Divergence, MACD with zero delay. The Indicator ZeroLag MACD in contrast with standard MACD gives the signals on several bars earlier, but divergences/convergence denominated more obviously.

ZeroLAG MACD calculates on formula:

ZeroLAG MACD(i) = (2*EMA(Close, FP, i) – EMA(EMA(Close, FP, i), FP, i)) – (2*EMA(Close, SP, i) – EMA(EMA(Close, SP, i), SP, i));

ZeroLAG MACD Signal(i) = 2*EMA(ZeroLAG MACD(i), SigP, i) – EMA(EMA(ZeroLAG MACD(i), SigP, i), SigP, i);

where:
EMA – exponential moving average;
Close – a price of the closing of the bar;
FP – a period of the quick moving average;
SP – a period of the slow moving average;
SigP – a period of the signal moving average;

ZeroLag MACD MT4 Indicator – Download Instructions

In order to transform accumulated history data, you need to install a MetaTrader 4

It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.

Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.

How to install ZeroLag MACD indicator for MetaTrader 4.mq4?

Download indicator for MetaTrader 4.mq4
Copy ZeroLag MACD to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on ZeroLag MACD for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 4.mq4 is available on your Chart

How to remove ZeroLag MACD Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
“Indicators list”
Select the Indicator and delete.

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Download ZeroLag MACD MetaTrader 4 Indicator

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