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 submenu, and then select "MACD," as shown in Figure 4.
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.
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. Doubleclick MACD, rightclick and select "Attach to a chart," or draganddrop to add the indicator to a price chart.
Figure 6: MT4\'s Navigator window lists all of the available technical indicators. To add an indicator, either doubleclick, rightclick and select "Attach to a chart" (shown), or draganddrop to the active price chart. 
SEE: Exploring Oscillators and Indicators: MACD Applying The MACD Indicator With MetaTrader 4: Customizing The MACD
RELATED TERMS

MACD Technical Indicator
Moving Average Convergence Divergence (or MACD) is a trendfollowing ... 
OsMA
An abbreviation for Oscillator  Moving Average. OsMA is used ... 
Trigger Line
A movingaverage line found in the moving average convergence ... 
Indicator
Indicators are statistics used to measure current conditions ... 
Hybrid Indicator
A technical indicator that combines core elements of chart analysis ... 
Technical Indicator
Any class of metrics whose value is derived from generic price ...
RELATED FAQS

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 >> 
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 >> 
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 >> 
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 >> 
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 >> 
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
Sponsored content