Discover the Power of the Ultimate Tipster MACD Candles Indicator for MT5

The MACD Candles indicator is a practical tool for traders using MetaTrader 5 (MT5). It takes the well-known MACD (Moving Average Convergence Divergence) indicator and turns its data into easy-to-read candle colors on your price chart. This helps you spot market trends, momentum shifts, and potential reversals without needing to analyze separate MACD lines.

What Does It Do?

This indicator creates colored candlestick chart based on MACD conditions. You can see at a glance whether the market is bullish, bearish, or neutral, making it simpler to decide when to enter or exit trades.

Key Features and Settings

• MACD Parameters: Customize the fast EMA (default: 12), slow EMA (default: 26), and signal period (default: 9) to match your trading style.

• Overlay Options: Choose how the indicator interprets MACD:

  • MACD vs. Signal Lines: Colors show if MACD is above (bullish) or below (bearish) the signal line.

  • MACD vs. Zero Line: Colors indicate if MACD is above (bullish) or below (bearish) zero.

  • Current vs. Previous MACD: Colors reflect if the current MACD value is higher (bullish) or lower (bearish) than the previous one.

• Color Customization: Set your own colors for bullish (e.g., blue), bearish (e.g., orange), and neutral (e.g., silver) conditions.

• Alerts: Turn on alerts and mobile notifications to get updates on key market shifts.

How to Use It

The indicator paints candles colors by the method you select:

• Bullish: Signals upward momentum with your chosen color.

• Bearish: Shows downward momentum.

• Neutral: Highlights consolidation or indecision periods.

You can check the candle colors on your chart to quickly understand market direction and act on trading opportunities.

Techniques and Strategies

• Multi-Timeframe Analysis: It is best practice to use the indicator on multi-timeframe. Higher time frames (e.g., D1, H4, or H1) for broader trend context, then refine entries on lower timeframes (e.g., M5-M15).

• Combine with Moving Averages: Use a 20, 50, or 200-period moving average to confirm the trend direction shown by the candle colors. Depending on your trading style you can customize the MACD candles to give quicker signals if you are scalping.

• Support and Resistance Levels: Look for color changes near key levels to find high-probability trades.

• Fair Value Gaps and Order Blocks: Look for opportunities to enter at the FVG or OB in the direction of the MACD trend.

• RSI: Use the RSI indicator to see if market is overbought or oversold to find good entries.

• Customize: Adjust the MACD settings to fit your style of trading. For example, if you are a scalper that are looking to enter for a short period, then adjust the MACD settings to accommodate your style. For example, for quicker signals lower your MACD settings by half.

Real Trading Scenarios

• Trend Trading: A series of bullish candles confirms a strong uptrend, confirm that with the higher time frame trend and price action.

• Reversals: A sudden change from bearish to bullish candles may indicate a potential reversal, prompting a trade entry or exit. Look for bullish Fair Value Gaps to Order Blocks for entry.

• Divergence: If prices are moving up and candles are indicator bearish colors then there is a divergence (e.g., price rises but MACD falls), improve your entry by looking for areas below the current price. For example, a Fair Value Gap or an Order Block.

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Pros and Cons

Pros:

• Easy-to-read visuals simplify MACD analysis.

• Flexible settings let you adapt it to your needs.

• Alerts keep you informed without constant chart monitoring.

Cons:

• As a MACD-based tool, it may lag slightly behind fast price changes.

• In choppy markets, it can give false signals. It is best practice to open multi-timeframe charts to confirm the trend.

Solving Your Trading Struggles

Many traders feel overwhelmed by complex indicators or miss trades because they can’t interpret signals fast enough. The MACD Candles indicator fixes this by giving you a clear, visual snapshot of market conditions right on your chart. It cuts through the clutter, helping you focus on what matters—making smart trades with confidence.

Why Try It?

The MACD Candles is one of the best MT5 indicators for simplifying technical analysis. As a best MACD indicator, it offers a fresh way to use MACD data effectively. It’s a best trading indicator for those who value clarity and actionable insights. Whether you’re new to trading or a seasoned pro, this tool can streamline your process.

Get Started Today

Ready to improve your trading? Try the MACD Candles indicator and see how it can enhance your strategy with clear, reliable signals.

Limited Amount & Time Offer

Get 5 MACD Candles licenses now for a special price of only $45. You can install them on 5 different brokers account. For example, if you were to install it on 3 computers using the same broker account, that would count as only one use of the license . All licenses comes with lifetime updates. So hurry on 250 seats are available! This is a limited offer! Share it with a friend or trading buddy.

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