![]() How to set up the Three Moving Averages Convergence/Divergence (MAxCD) indicator in MT4?Ĭopy and paste the MAxCD.ex4 or MAxCD.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform. Feel free to experiment with the settings and parameters to fit your personal preferences. The default settings can be modified directly from the input tab. The indicator is displayed in a separate window placed just below the main trading chart. ![]() It fits all kinds of timeframes and currency pairs. To increase the performance we suggest using it with some other filters. ![]() Similarly, bearish trend occurs when all 3 histogram bars are aligned below the zero level. The readings of that gauge are really easy to follow, simply a bullish trend occurs when all 3 histogram bars are aligned above the zero level. Each color of the histogram bar represents each moving average. ![]() This forex indicator draws three colored histogram bars that float above and below the zero level. The Three Moving Averages Convergence/Divergence (MAxCD) indicator also known as MAxCD, is a signal oscillator that consists of three moving averages. Introduction to the Three Moving Averages Convergence/Divergence (MAxCD) Indicator ![]()
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