MT4 MTF Macd Bars 1.0

The MTF MACD Bars indicator is a useful and popular free Forex indicator for the MT4 platform. The indicator has two main components – a fast line and a slow line. The fast line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The slow line is calculated by subtracting the 26-period EMA from the 9-period EMA. When the fast line crosses above the slow line, it signals a buy opportunity. When the fast line crosses below the slow line, it signals a sell opportunity. The MTF MACD Bars indicator is a powerful and versatile tool that can be used to identify trend reversals and trading opportunities in the Forex market.