Future MACD Indicator for MT4 Download – Free – [TradingFinder]

The Future MACD indicator is an upgraded version of the classic MACD. This trading tool predicts potential price movements by shifting signals "forward" into the future.

This MetaTrader 4 oscillator uses the signal line and MACD histograms to display market turning points and potential trade entry positions.

Specifications Table of the Future MACD Oscillator

The table below presents the specifications and features of the Future MACD indicator:

Buy Setup

Based on the ETH (Ethereum) chart on the 1-hour timeframe, when both the signalline and MACD histogram bars are positioned above the zero line, this indicates a bullish trend.

This oscillator provides a glimpse into future market movements thanks to its forward shift capability.

Sell Setup

According to the USD/CAD chart on the 30-minute timeframe, after the signal line changes direction, the histograms are formed in the negative zone (below the zero line).

In such a scenario, the trend is considered bearish as long as the signal line and MACD bars remain below zero.

Future MACD Indicator Settings

The image below displays the settings panel for the Future MACD indicator:

• Fast EMA Period: Period for the fast exponential moving average
• Slow EMA Period: Period for the slow exponential moving average
• Signal Period: Number of candles used to calculate the signal line
• MACD Draw Type: Determines the MACD display style
• MACD Width: Thickness of the histogram bars
• MACD Color: The color of the MACD bars
• Signal Draw Type: Style of the signal line
• Signal Width: Thickness of the signal line
• Signal Color: Signal line color
• Alerts ON: Enable alert notifications
• Alert Email ON: Enable email alerts

Conclusion

The Future MACD Oscillator is designed to display market turning points and generate entry signals for buy and sell trades. Unlike the classic MACD, this version also visualizes future price trends.

One notable feature of this trading tool is the option to choose the MACD display type, which can be set in the "MACD Draw Type" field within the settings.