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- Zerolag MACD Indicator MT5 Download - Free - [TradingFinder]
Zerolag MACD Indicator MT5 Download - Free - [TradingFinder]
The Zerolag MACD indicator is an optimized version of the standard MACD indicator in MetaTrader 5. With reduced inherent delay and increased reaction speed, this indicator enables traders to make more accurate decisions in fast-moving markets.
The indicator retains all critical elements of the standard MACD including divergence, convergence, and moving averages but with incredible speed and less lag.
Indicator Specifications Table
Category | Oscillator - Currency Strength - Volatile |
Platform | MetaTrader 5 |
Skill Level | Intermediate |
Indicator Type | Reversal - Continuation |
Timeframe | Multi Timeframe |
Trading Style | Day Trading |
Market | All Markets |
Indicator Performance in an Uptrend
The price chart for the GBP/USD currency pair in the 15-minute timeframe illustrates the indicator's performance in uptrend conditions.
A phase shift in the signal line from negative to positive indicates the start of an uptrend. If the signal line oscillates in the positive phase and histogram bars (light blue bars) continue forming in the positive region with high volume, the uptrend can be confirmed.
Indicator Performance in a Downtrend
The price chart for Binance Coin (BNB) in the 30minute timeframe shows the indicator's performance in downtrend conditions.
A phase shift in the signal line from positive to negative indicates the start of a downtrend. If the signal line oscillates in the negative phase and histogram bars (light blue bars) form in the negative region with high volume, the downtrend can be confirmed.
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 is a practical tool for identifying price reversal points and assessing trend strength. Combined with personal price chart analysis, it gives traders a clear perspective on future market movements. The Zerolag MACD indicator is multi timeframe and functions in all timeframes.
Which trading markets is the Zerolag MACD suitable for?
This indicator can be used without any restrictions in all trading markets.
What skill level is required to use this indicator?
The Zerolag MACD is simple, so familiarity with basic technical concepts is sufficient for using this indicator.