The Tipu MACD Forex Indicator is a popular and free indicator for MetaTrader 4 (MT4). It measures the difference between two moving averages and the momentum of price. The indicator also includes a histogram which shows the direction of the trend. The Tipu MACD indicator is easy to use and is suitable for both experienced and novice traders. It is a great tool for spotting potential buy and sell signals in the Forex market.