MQL4 - automated forex trading   /  

Code Base

Read Financial Magazines in MetaTrader 4 and MetaTrader 5!

Code Base  Indicators  Best MACD final To post a new code, please log in or register

Download MetaTrader 5 and visit Code Base
and Trade on the Go!
and Trade on the Go!
Couldn't find the right code? Order it in the Jobs section

This library is for
MetaTrader 4
Download MT 4 - 455 Kb

and Trade on the Go!

and Trade on the Go!

Best MACD final [ ru ]
Author: CoreWinTT (2009.11.12 09:33)
Downloaded: 11845
 b_v2_macd_osmax.mq4 (4.1 Kb) View
 impulseMACD.mq4 (2.7 Kb) View


Classical MACD lines with filled OSMA on the chart.

Slow MA is calculated using ЕМА.

Histogram can be scaled by changing parameter OsmaX.

Draw buffer ordering has changed, so MACD line draws above.

OSMA indicator has added to chart.


4 comments  To post a new comment, please log in or register

Thanks a ton for this, been looking for an upgrade to MACD.

20.05.2010 07:00 Beakon
CoreWinTT wrote:


Hi CoreWinTT,

This is the most impressive Osma/MACD that I have found! It is my favorite indicator. Very good is the best. Thank you for such an amazing indicator. The impulseMACD is also cool. However, I don't use overloads the senses. I don't know how to program alerts or I would add an alert so that an arrow displayed on the chart and sound is played every time the OsMA goes from positive to negative for down alert and negative to postive for up alert (in short whenever MACD crosses signal). I would be very grateful to anyone who would add such an alert to this near perfect indicator.

Best regards


12.02.2010 09:23 gcgman


25.12.2009 01:50 CoreWinTT


Good indicator. Looks so colourful and nice. If it does not achieve anything, at least it makes the chart looks so colourful and beautiful.

I have always said and repeatedly state to those who want the money out of forex and those that do not care the number of colours that they have on their platform, that the only reliable and good software/indicators are the Moving Average, Fibo(retracement &extension), Macd and the Traditional Macd. The only addition is the trendline. Anything other than these are just fluke and waste of time, energy and money. Yes.

Personally, i have gone though a lot of seminars from the so-called gurus. I have bought uncountable softwares that were claimed to be making hundreds and thousands of pips in a day with unbeatable records. there is even one software that once cracked my laptop-have to buy another hard-drive. can u imagine?

Still i must not fail to comment on your ability to arrange colours and thereby making the chart look lovely when applied.

with Moving Average, Fibo(retracement &extension), Macd and the Traditional Macd and extensive and dedicated practice, you definitely can make the money.

On a more personal note: do not believe anybody if they tell you they have a 100% successful system - if they did they wouldn't share it with you - they would make their own money with it.



17.11.2009 12:53 emmauk