This indicator will add value and support the technical trader with a visual representation of the MACD histogram.
The above shows the indicator trading method in a AUDUSD M15 chart. The indicator shows the histogram in 4 different colors. The histogram is displayed in Green and Lime color if the histogram is above the Zero line. On the other hand, the histogram is shown in Red and Maroon color below the Zero line. The best method to identify the beginning of the trend’s end is to apply MACD 4C.
-We use the MACD 4c indicator to identify the divergence.
4 Coloured MACD
lime = positive rising
green = positive descending
red = positive rising
maroon = positive descending
The above shows the indicator trading method in a AUDUSD M15 chart. The indicator shows the histogram in 4 different colors. The histogram is displayed in Green and Lime color if the histogram is above the Zero line. On the other hand, the histogram is shown in Red and Maroon color below the Zero line. The best method to identify the beginning of the trend’s end is to apply MACD 4C.
-We use the MACD 4c indicator to identify the divergence.
4 Coloured MACD
lime = positive rising
green = positive descending
red = positive rising
maroon = positive descending
