Applying The MACD Indicator With MetaTrader 4: Editing and Deleting The MACD
  1. Applying The MACD Indicator With MetaTrader 4: Introduction
  2. Applying The MACD Indicator With MetaTrader 4: Moving Average Convergence Divergence
  3. Applying The MACD Indicator With MetaTrader 4: Using The MACD
  4. Applying The MACD Indicator With MetaTrader 4: Customizing The MACD
  5. Applying The MACD Indicator With MetaTrader 4: Editing and Deleting The MACD
  6. Applying The MACD Indicator With MetaTrader 4: Conclusion

Applying The MACD Indicator With MetaTrader 4: Editing and Deleting The MACD

Editing the MACD
Pressing CTRL + I on the computer keyboard will open a window that lists all indicators on the active chart, as shown in Figure 12. To change the inputs for the MACD (or any other indicator), highlight MACD and click "Edit". This action will open the same window that was used to identify the original inputs, including the tabs for Parameters, Colors, Levels and Visualization. Make any desired changes and click "OK" to close the window. The new inputs will be reflected in the MACD.

Press CTRL + I on the computer keyboard to open the MACD window and make changes to the inputs.
Figure 12: Press CTRL + I on the computer keyboard to open the MACD window and make changes to the inputs.


Deleting the MACD
To delete the MACD from a price chart:

  • Press CTRL + I on the computer keyboard, highlight MACD and click "Delete;" or

  • Right-click the indicator within the price chart and select "Delete Indicator," as shown in Figure 13. The MACD will be removed without a prompt or any further action.


\'To
Figure 13: To delete the MACD, right-click on the indicator and select "Delete Indicator."


SEE: MACD and Stochastic: A Double-Cross Strategy

Applying The MACD Indicator With MetaTrader 4: Conclusion

  1. Applying The MACD Indicator With MetaTrader 4: Introduction
  2. Applying The MACD Indicator With MetaTrader 4: Moving Average Convergence Divergence
  3. Applying The MACD Indicator With MetaTrader 4: Using The MACD
  4. Applying The MACD Indicator With MetaTrader 4: Customizing The MACD
  5. Applying The MACD Indicator With MetaTrader 4: Editing and Deleting The MACD
  6. Applying The MACD Indicator With MetaTrader 4: Conclusion
RELATED TERMS
  1. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following ...
  2. Trigger Line

    A moving-average line found in the moving average convergence ...
  3. Digits Deleted

    A designation on an exchange's ticker tape that refers to the ...
  4. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used ...
  5. Technical Indicator

    Any class of metrics whose value is derived from generic price ...
  6. Indicator

    Indicators are statistics used to measure current conditions ...
RELATED FAQS
  1. Why is divergence of the Moving Average Convergence Divergence (MACD) important for ...

    Learn the importance of the moving average convergence divergence, or MACD, and understand why traders consider it an important ... Read Answer >>
  2. What are the best technical indicators to complement the Moving Average Convergence ...

    Learn the best technical indicators to use as part of a trading strategy in conjunction with the moving average convergence ... Read Answer >>
  3. How reliable is using the Moving Average Convergence Divergence (MACD) to create ...

    Find out why the moving average convergence divergence (MACD) oscillator is considered one of the simplest, most versatile ... Read Answer >>
  4. What are the most common momentum oscillators used in forex trading?

    Explore two frequently used momentum indicators in forex trading, the moving average convergence divergence, or MACD, and ... Read Answer >>
  5. What do the bracketed numbers following a technical indicator mean?

    In technical analysis, it is common to see a series of numbers following a given technical indicator, usually in brackets. ... Read Answer >>
  6. What are the most common divergence strategies implemented in forex trading?

    Discover common divergence strategies that utilize either stochastics or the MACD, the two most frequently used momentum ... Read Answer >>

You May Also Like

Hot Definitions
  1. Return On Invested Capital - ROIC

    A calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. ...
  2. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  3. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  4. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  5. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  6. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
Trading Center