Power MACD

Power MACD

Power MACD indicator for MT4 with the features:

1. MACD Calculation:

• Fast EMA (default: 12)
• Slow EMA (default: 26)
• Signal line SMA (default: 9)
• Histogram with color-coded bars (green up, red down)

2. Multiple Signal Types (can be enabled/disabled):

• Zero Line Cross: Signals when MACD crosses above/below zero
• MACD/Signal Cross: Signals when MACD crosses Signal line
• Histogram Change: Signals when histogram changes direction, with a Sensitivity factor

3. Visual Indicators:

• Arrows on the main price chart
• MACD line, Signal line, and Histogram in separate window
• Customizable arrow styles, colors and sizes

4. Alert System:

• Pop-up alerts with detailed information
• Optional sound alerts
• Prevents duplicate alerts on the same bar

5. Input Variables:

• Fast_EMA: Fast EMA period (default: 12)
• Slow_EMA: Slow EMA period (default: 26)
• Signal_SMA: Signal line period (default: 9)
• Applied_Price: Price type to use
• Signal on Zero Line Cross: Signals when MACD crosses above/below zero
• Signal on MACD/Signal Cross: Signals when MACD crosses Signal line
• Signal on Histogram Change: Signals when histogram changes direction
• Sensitivity; only if Signal on Histogram is TRUE: Histogram ratio, value 1 - 20: higher value more strict signal
• Show_Arrows: Toggle chart arrows
• Enable_Alerts: Toggle alerts
• Enable_Sound: Toggle sound alerts
• Arrow_Size: Arrow size (1-5)
• Arrow colors: Customizable buy/sell colors
• Up/ Down Arrow Shape: Choose which arrow style to use