MACD Indicator

MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s.It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.

The MACD indicator (or "oscillator") is a collection of three time series calculated from historical price data, most often the closing price. These three series are: the MACD series proper, the "signal" or "average" series, and the "divergence" series which is the difference between the two. The MACD series is the difference between a "fast" (short period) exponential moving average (EMA), and a "slow" (longer period) EMA of the price series. The average series is an EMA of the MACD series itself. This is the resume how use MACD indicator on metatrader.

BUY SIGNAL

• Reverse — the oscillator turned upwards (the oscillator rises at the analyzed bar and falls at the previous one).

• Crossover of the main and signal line — the main line is above the signal line at the analyzed bar and below the signal line at the previous one.

• Crossing the zero level — the main line is above the zero level at the analyzed bar and below the zero level at the previous one.

• Divergence — the first analyzed bottom of the oscillator is higher than the previous one, and the corresponding price bottom is lower than the previous one.

• Double divergence — the oscillator form three consequent bottoms, each of them is higher than the previous one; and the price formed three corresponding bottoms, and each of them is lower than the previous one.

SELL SIGNAL

• Reverse — the oscillator turned downwards (the oscillator falls at the analyzed bar and rises at the previous one).

• Crossover of the main and signal line — the main line is below the signal line at the analyzed bar and above the signal line at the previous one.

• Crossing the zero level — the main line is below the zero level at the analyzed bar and above the zero level at the previous one.

• Divergence — the first analyzed peak of the oscillator is lower than the previous one, and the corresponding price peak is higher than the previous peak.

• Double divergence — the oscillator formed three consequent peaks, each of them is lower than the previous one; and the price formed three corresponding peaks, each of them is higher than the previous one.

How to Subscribe to Trading Signals

The Signals service allows users to connect to any signal and automatically copy trades of professional traders. Thousands of signals for MetaTrader 4 and MetaTrader 5 are available in the service. Read the article to learn how easy it is to subscribe, and how to choose the best option among the variety of available signals.

How to Choose a Signal

The service provides a huge number of signals for subscription. How to choose the most appropriate one?

Rating
To help users choose the best signals, we compile a rating of signals based on various criteria. Top ranked signals show up first in the list. And vice versa, low rated signals are hidden from the Showcase on the site and in trading terminals to protect subscribers from poor-quality strategies.

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Warning
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Sorting and Filtering
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A Showcase of Signals in MetaTrader and Favorites
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Click on the column headers to sort the signals accordingly - by growth, drawdown, number of subscribers, etc.
A few signals matching the selected criteria can be found on the list. Add them to Favorites, so you can easily get back to them later and evaluate once again. Click on the star on the list or on the signal page, and the selected signal will appear on a separate tab "Favorites".

How to subscribe to a Signal

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To subscribe to paid signals, enough money should be available on the user's MQL5.community account.

Go to the trading terminal settings and specify the MQL5 account in the "Community" tab:

Now you can subscribe to the signal either directly from the trading terminal or on the MQL5.com site.

Subscribing from a Terminal
Select a signal in the Showcase. Subscription can be selected directly in the list or on the signal details page. Click "Subscribe..." and confirm subscription in the appeared window.

Check all the subscription parameters and pay special attention to the warnings (if any) of mismatching trading conditions. It is recommended to use signals with similar trading conditions.
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If necessary, change the settings. After a click on "OK" trade copying will start.

How to Subscribe on the Site
Open the Signal page and click "Subscribe". If the trade platform is not installed on your PC, click "download it here" link in the window that appears. The official MetaTrader 4 or MetaTrader 5 site will open, where the terminal can be downloaded and installed. Otherwise click "Start copying in MetaTrader". The trading terminal will open. The selected signal page will open in the terminal, and the subscription confirmation window will appear. Subscription is completed from the terminal as described above.