The Signal MACD product is an indicator that works with the standard MACD indicator. This indicator is designed to do signal trading using the objective MACD indicator and a set of algorithms.

This indicator can be used both as an oscillator and as a signal producing product. So you can use this indicator in two goal. When the indicator finds a signal, it shows arrow marks on the oscillator. These arrows allow investors to trade.

Trade Rules

• "Buy" action when you see a green arrow and receive a warning.
• "Sell" action when you see a red arrow and receive a warning.
• Wait for an opposite signal to quit trading. Or turn off the operation according to your own strategy.
• With the alerts feature, you get the signals instantly.
• Time frame: M30, H1, H4.
• You can use it with other time frames suitable for your strategy.

Parameters

• SM1 - MACD Settings
• FastMAPeriod - fast moving average period setting
• SlowMAPeriod - slow moving average period setting
• SignalMAPeriod - signal moving average period setting
• SM2 - alert Settings
• alerts - alert on / off setting