Zerolag MACD indicator MT4 Download - Free - [TradingFinder]

The Zerolag MACD indicator is an updated version of the classic MACD indicator. Due to its high speed and lack of lag in movement, it helps traders make decisions promptly in fast moving markets. This MT4 oscillator retains the key elements of the standard MACD, including convergence, divergence, and moving averages, but offers them with greater speed and without delay.

Indicator Specifications Table

Conditions for an Uptrend

Based on the USD/CAD price chart analysis in the 1-hour timeframe, the oscillation of the signal line in the positive phase of the oscillator indicates an uptrend. Light blue histogram bars show the strength of the uptrend.

Conditions for a Downtrend

According to the Polkadot (DOT) price chart in the 1-hour timeframe, the oscillation of the signal line in the negative phase of the oscillator indicates a downtrend. The histogram bars determine the strength and intensity of the downtrend. The price trend will decline as long as the signal line oscillates in the negative phase.

Indicator Settings

• Chart Theme: Indicator theme;
• Fast MA Period: Fast moving average period set to 12;
• Slow MA Period: Slow moving average period set to 24;
• Signal Period: Signal line period set to 9.

Conclusion

The Zerolag MACD indicator in the MetaTrader 4 platform provides more precise and real-time market analysis and assists traders in implementing their strategies and identifying profitable opportunities. This MT4 currency strength indicator  is an updated version of the classic MACD indicator, with the difference that it is faster and lag-free.