The MACD Support and Resistance Forex indicator is a popular and free MT4 indicator that can be used to identify potential support and resistance levels in the forex market. The indicator works by plotting two lines on the chart – one line representing support and the other line representing resistance. The indicator can be used on any timeframe and is easy to install and use. It is one of the most popular and widely used indicators among forex traders and is available for free on the MT4 platform.
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