The MACD offers the best of both worlds: trend following and momentum. Traders can look for signal line crossovers, center-line crossovers and divergences to generate signals. Because the MACD is unbounded, it is not particularly useful for identifying overbought and oversold levels.
It is not easy to use any indicator on smaller timeframes because traders cannot not look away from the screen. This classical indicator includes “Alert” function (see screenshots).
Keep in mind that this indicator starts working from the second signal after you put it on the chart.
![图片[1]-Mql5官网 MACD Alert MT4 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://www.mql5.vip/wp-content/uploads/2024/05/20240521024055-664c09b729560.png)
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![图片[4]-Mql5官网 MACD Alert MT4 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://www.mql5.vip/wp-content/uploads/2024/05/20240521024057-664c09b9150f9.png)
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