All MACD Adaptive MTF Indicator MT4 | Free Download
The All MACD Adaptive MTF Indicator is a modified MACD Indicator, and as the name suggests, it automatically adapts to the time frame in question.
Alternately, you can also set the Indicator to derive values from a shorter or longer time frame and display it on your current chart.
You can trade multiple was using this Indicator.
But here, we will show a simple set up that works
When to go long using the All MACD Adaptive MTF Indicator?
Take a long position when price posts a higher low.
Then, when price breaks out from the previous high, initiate a long position.
When to exit long positions?
You can exit with a fixed reward based on your stop loss.
Alternately, just trail the lows until you get stopped out.
This is a great way to trail the trend and capture good profits.
All MACD Adaptive MTF Indicator: When to go Short
When to go short using the All MACD Adaptive MTF Indicator?
For short positions, wait for the price to post a low and then wait for the retracement.
Following this, simply place a pending short order on the breakout of the previous low.
When to exit short positions?
Exit the short position with a good risk to reward ratio set up.
But when the trend is strong, you can choose to trail the profits so you can benefit from the strong trends.
Where to set the stop loss using the All MACD Adaptive MTF Indicator?
Identify the immediate high or low, just before the retracement happens, and then set your stop loss a few points above or below the price level.
The All MACD Adaptive MTF Indicator is visually appealing and it can show how trends form. It is also very helpful in identifying the turning points in price. When trends are good, you can use this Indicator to capture strong profits in the markets.
How to Increase Your Winning Ratio with the All MACD Adaptive MTF Indicator?
When you add the Stochastic Cross Alert Indicator and use it together with a proven trend trading system like the Elite Swing Trader or Simple Trend Trading System, you can only expect to achieve a better win ratio and better risk-reward ratio.
Recommended Time Frames
Technically speaking, you can use this MT4 indicator for all time frames.
However, the shorter the time frame, you will see more fluctuation and possibly more whipsaw which may cause small losses that can eat up your portfolio quickly.
We recommend that you use higher time frames like the H4 or even higher for better consistency.
How to Install Custom Indicators on MT4 on Windows
How to Install Custom Indicators on MT4 on Mac OS
FREE Metatrader 4 Download | Free MT4 Download
Visit our Free MT4 Indicator Download page.
We hope you have enjoyed this post as much as we have created this strategy post for you.
Good luck and thank you for your readership.
Claim Your $60 No Deposit Bonus Here
All you need is to have your live account verified!
Of course, you need to open a live account...
2 Brokers that we like A LOT!
USD30 from each Forex Broker Below.
Both Forex Brokers have excellent rating!
We use both of these brokers and proudly promote them!NOTE: Not all countries qualify for these bonuses. Terms and Condition Applies.
Other Analysis Today