Lots leading Forex indicators come in the form of oscillators which are regarded momentum focused. MACD Divergence Indicator Mq4 applies three exponential moving averages a short or fast average, a long or slow average, & an exponential average of the difference within the short & long moving averages, which is practiced as a signal line. The histogram informs if a crossing appears. From the histogram is the difference within the MACD Divergence Indicator Mq4 & the signal line, if they cross there is no difference within them. When we expand the sensitivity by avoiding the period of time, an indicator Forex will suggest first signals, but the quantity of fake signals will expand.
Download : TSI_MACD.mq4