- MACD MTF Alert + Divergence MT4 Indicator: This MACD MTF Alerts Divergence indicator for Metatrader 4 finds interesting divergences between price and the MACD technical indicator.
- Supported Pairs: Major Currency pairs, Stocks, Crypto
- Trading Time: Lond / Newyork market open
- Timeframe: 1 Minute to 5 Minutes Strictly
- Recommended Broker: Robo-Forex MT4 Platform
- How its Applied:
The indicator includes the MTF (multiple time frame) functionality.
For instance, it finds divergence signals on the H1 chart and plots them on the M5 chart.
You can edit the MTF function by editing the indicator’s inputs tab.
Generally speaking, the indicator works great for scalpers and day trader (shorter-term trade opportunities).