Applying The MACD Indicator With MetaTrader 4: Using 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: Using The MACD

Traders can apply the MACD indicator to any price chart in the MT4 platform. To add the MACD, choose one of the three methods available to add indicators:

  • Click on the Add Indicators icon in the top toolbar to view a list of available indicators. The indicators are categorized under the type, such as Trend, Oscillators and Volumes. Click "Oscillators" to reveal the sub-menu, and then select "MACD," as shown in Figure 4.

\'One
Figure 4: One way to add the indicator is to click the Add Indicators icon in the top toolbar, select "Oscillators" and then MACD.


  • Click Insert on the top toolbar and select "Indicators." Next, select "Oscillators" and then "MACD," as shown in Figure 5.


In the Main Menu > Insert > Indicators > Oscillators > MACD.
Figure 5: In the Main Menu > Insert > Indicators > Oscillators > MACD.


  • In the Navigator window, click to open the Indicator list, and find MACD, as shown in Figure 6. Double-click MACD, right-click and select "Attach to a chart," or drag-and-drop to add the indicator to a price chart.


MT4\'s Navigator window lists all of the available technical indicators.
Figure 6: MT4\'s Navigator window lists all of the available technical indicators. To add an indicator, either double-click, right-click and select "Attach to a chart" (shown), or drag-and-drop to the active price chart.


SEE: Exploring Oscillators and Indicators: MACD Applying The MACD Indicator With MetaTrader 4: Customizing 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
RELATED TERMS
  1. MACD Technical Indicator

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

    An abbreviation for Oscillator - Moving Average. OsMA is used ...
  3. Trigger Line

    A moving-average line found in the moving average convergence ...
  4. Indicator

    Indicators are statistics used to measure current conditions ...
  5. Hybrid Indicator

    A technical indicator that combines core elements of chart analysis ...
  6. Technical Indicator

    Any class of metrics whose value is derived from generic price ...
RELATED FAQS
  1. 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 >>
  2. 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 >>
  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 best technical indicators to complement the Williams %R oscillator?

    Learn about the Williams %R and which other indicators compliment this momentum oscillator in the creation of effective trade ... Read Answer >>

You May Also Like

Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. 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; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. 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 ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center