MACD stands for Moving Average Convergence / Divergence and measures the difference between two Exponential Moving Averages (EMAs). It is a very popular technical analysis indicator that is widely used in many forex trading strategies because it provides reliable signals of trend changes The most popular formula for the “standard” MACD is the difference between a security’s 26-day and 12-day Exponential Moving Averages (EMAs).
Color MACD for Metatrader 5 is much better than the standart one because you can customize the histogram colors.
Metatrader 5 Forex 
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