2 Answers
<p id="isPasted">I'd have a second look at that (attached)MA settings:Period 5Mode: ExponentialPrice: ClosePeriod: 34Mode: ExponentialPrice: CloseMACD Settings:Fast: 5Slow: 34Signal: 1Price: CloseYou'll notice in the picture attached that when the res line is below the blue line, the MACD is negative. When the red line is above the blue line, the MACD is positive.</p><p><img data-fr-image-pasted="true" src="https://www.forexfactory.com/attachment/image/308575/thumbnail?d=1365584625" style="width: 300px;" class="fr-fic fr-dib fr-draggable"><br></p>
2 Views
<p id="isPasted">Yes, there are Expert Advisors (EAs) that trade based on the MACD histogram crossing the zero line. This is a common and fundamental MACD trading strategy, and various off-the-shelf, customizable, and free EAs are available for platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) that use this logic. </p><p><strong>How They Work</strong></p><p>An EA utilizing this strategy typically generates trading signals based on the following rules:</p><ul><li>Buy Signal: A long position is opened when the MACD histogram crosses from below the zero line to above it (a bullish signal). This indicates that the 12-period Exponential Moving Average (EMA) has crossed …</li></ul>
1 View