IMACD Custom Metatrader 4 Indicator

Hi, hope you’re all enjoying your weekend.

I wanted to share with you a Custom Metatrader 4 Indicator. It’s called the IMACD.

Once you have installed this indicator, visit your MetaTrader 4 platform, to your left you will notice the navigator, and it’ll show you: Accounts, Indicators, Expert Advisors, Custom Indicators & Scripts.

Twirl open Custom Indicators, and locate the IMACD there. Double click on it to load it on to the chart. Default colors are ugly, I’ve changed my Blue to Yellow, and the Green to White. And where the Red color is, 2nd column to the right is a long line, I simply choose the dashed one which shows the Signal line.

To download this if you do not have it already, RIGHT CLICK HERE & CHOOSE SAVE AS

Find the location you saved it to and move it to your Metatrader folder, locate the Experts Folder, double click it to access it, then locate the Indicators folder and drop it in there. If your MT4 Platform is already open, click on the metatrader editor, it’s a yellow icon with a ! symbol in the middle of it. To your right you will see a list of folders, locate the indicators folder and twirl it open. Locate the IMACD.mq4 file, double click it so it loads in the left hand window. Then click on the COMPILE button at the top. This will force load the indicator into your platform without having to restart the metatrader 4 trading station.

Ok, yesterday you may recall me making a post on a Prediction for the EUR/USD I’ve used the very same indicator there as well that helped me pick out that huge move of early April.

Here’s an image that shows you what I’m talking about.

Now this indicator is similar to the default MACD that comes with the metatrader 4 trading station. However, there’s a slight lag. Try loading both and notice the differences. One that is obvious is the Imacd shows the Macd as a line, rather than a histogram.

Yesterday I predicted that we may see another Divergence, but this time, a Bullish Divergence.

Install that, see how you get on, and let’s wait for Monday for the results.

To your Success & Happiness,

Loz Lawn - Follow me on twitter.com
Lawnwell Inc
CEO Day Trading FX Course.

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