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.

Multi Timeframe MACD Conditions and Multi Timeframe MACD Scanner

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.
MACD Compare Mode: 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.

MACD Multi Timeframe Indicator Dashboard: The MTF dashboard provides a comprehensive view of all three MACD conditions across six different timeframes, allowing you to confirm that you are aligned with both minor and major trend movements. By analyzing these indicators, traders can better navigate the market, ensuring that their strategies are informed by a well-rounded understanding of the current trends. This multi-timeframe approach enhances decision-making and helps in identifying potential entry and exit points, thereby increasing the likelihood of achieving favorable trading outcomes. With such detailed insights at your fingertips, you can confidently steer your trades in the right direction.

Buy Now $59 (5 Activations)

MACD Multi Timeframe Scanner: The scanner dashboard provides an intuitive overview of the market, allowing you to monitor 15 different trading pairs or stocks of your choice. It highlights all three MACD conditions across six distinct timeframes, offering an optimal perspective of market trends. With just a click on any trading pair or stock name, you can seamlessly navigate to that specific chart, enabling you to spot and seize high-potential trading opportunities. This functionality not only enhances your trading strategy but also empowers you to make informed decisions in a fast-paced environment.

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.

1. Wait until color candles are matched in 3 consecutive timeframes.

2. Wait until the candle closes before entering into the order.

3. Confirm that higher timeframes are in the same trend for higher potential and higher RR trades.

4. Look for FVG, Order Blocks, or retests for optimal entry positions.

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.

Watch Video Sample

Pros and Cons

Pros:

Easy-to-read visuals simplify MACD analysis.
Flexible settings let you adapt it to your needs.
Comprehensive overview of six timeframes and across 15 trading pairs or stocks.
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.

Buy Now $59 (5 Activations)

Why Try It?

The MACD Candles indicator is one of the best MT5 indicators for simplifying technical analysis. It offers a fresh way to use MACD data effectively. It’s the 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.