Trading indicator MACD Threshold Value Alert Is a modification of the MACD oscillator made for the MetaTrader 5 trading terminal.
The MACD Threshold Value Alert indicator implements two levels, which are threshold values that are displayed as lines and set manually.
Interpretation of signals of the MACD Threshold Value Alert indicator:
- if the histogram is between two levels, the signal is considered unconfirmed.
- when the price exits above or below the levels, you can consider the search for signals from the MACD indicator.
Trading indicator MACD Threshold Value Alert for the MT5 terminal will allow you to respond in a timely manner to oscillator signals and will serve as its effective replacement in trading strategies.
Other technical indicators for MetaTrader 5