Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Brokers Rating
  • Learn trading
  • Affiliate
  • Contact
  • About us
Home » Indicators » Download MACD 4C Indicator

Download MACD 4C Indicator

by Fxigor

Table of Contents

  • MACD 4c on MT4 EURUSD Daily Chart
  • Download MACD 4C Indicator
  • MACD 4C trading methods
  • Final thoughts

MACD 4C is the indicator of the thriving traders in the market. Technical traders form the majority of the trade market. These traders use tools and indicators to understand the market and forecast upcoming reversals, trends, and price movements.

The most common tools used by these traders include the Moving average convergence and divergence or MACD. Its advanced version is called the MACD 4C, which represents MACD in a histogram. To accurately determine the trend’s strength, this indicator displays the histogram in 4 colors and makes it easier for traders to read it.

If you are a traditional MACD user, your histogram will only have one color. However, as the name of MACD 4C shows, this indicator shows the histogram in 4 colors for visual easiness. It is not biased by trading platforms and can be used for any. It helps pan out the price direction along with the strength.

MACD 4c on MT4 EURUSD Daily Chart

macd 4c on mt4 chart

Download MACD 4C Indicator

DOWNLOAD MACD 4C INDICATOR

MACD 4C trading methods

In a MACD 4C, if the histogram is above the zero line, green and lime colors will be prominent. Below the zero line, maroon and red colors are recognized. 

The MACD 4C indicator is handy as it is the best for defining convergence and divergence. If you want to identify a trend’s beginning, you should use the MACD 4C. When market price and the indicator move in the opposite direction, they show convergence or divergence. These signals tell the trader about the impending changes in the momentum of an existing trend. Forex traders can use this information of convergence and divergence with another tool to define the most profitable entry points. For instance, Stochastic and RSI indicators are some of the most widely used indicators with this tool, and they help filter signals to land on a robust trading plan.

The MACD 4C is easy on the eyes and is best for both new and advanced traders. When combined with multiple indicators, it helps in reaching more valid results. It is also free to download.

Final thoughts

This tool’s divergence and convergence predicting facility make it high in demand. Since this is a free tool suitable for both rookie and advanced traders, it adds more support and substance to a trading technique. You should always confirm the signals of this indicator with other tools and chart-based indicators to reach more strengthened results and increase your profits. 

  • Author
  • Recent Posts
Fxigor
Fxigor
Trader since 2007. Currently work for several prop trading companies.
Fxigor
Latest posts by Fxigor (see all)
  • MACD vs. RSI – Which Indicator Gives Better Trading Results?
  • Do ETFs Have Compound Interest? How Does ETF Compounding Work?
  • Does Index Fund Compound?

Related posts:

  1. Download MACD Indicator with Two Lines for MT4
  2. Download MACD Divergence Indicator MT4!
  3. Download ADX Histogram Indicator
  4. Download Free Hawkeye Volume MT4 Indicator
  5. MACD and Awesome Oscillator Strategy
  6. Free Download Power Trend Indicator MT4
  7. What is the Best Momentum Indicator?
  8. Download Currency Pair Correlation Indicator!
  9. MACD settings for intraday trading
  10. Free Download True Strength Index TSI Indicator
  11. MACD and Bollinger Bands Strategy – BB MACD Tutorial

Filed Under: Indicators

Trade gold and silver. Visit the broker's page and start trading high liquidity spot metals - the most traded instruments in the world.

Trade Gold & Silver

Website categories

Main Forex Info

  • Forex Calendar 2022
  • Forex Holidays Calendar 2021 – Holidays Around the World
  • Non-Farm Payroll Dates 2022.
  • Key Economic Indicators For a Country
  • The Best Forex Brokers Ratings List
  • Top Forex brokers by Alexa Traffic Rank
  • Free Forex Account Without Deposit in 2022.
  • Brokers That Accept PayPal Deposits
  • What is PAMM in Forex? Are PAMM Accounts Safe?
  • Stock Exchange Trading Hours

Main navigation:

  • Home
  • About us
  • Forex brokers reviews
  • Investment
  • Education
  • Privacy Policy
  • Risk Disclaimer
  • Contact us

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Sign Up. Get newsletter.

Spanish language – Hindi Language

Spanish language website Hindi language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007

Privacy Policy