This indicator is very profitable for trading the trend. Ideal for early trend direction or change detection, it gives real time alert. The color changes to green on cross for an uptrend and red for downtrend. It doesn't use histogram but uses the signal line cross over only.
I recommend setting this indicator to 4hrs on the indicator settings and use it in anytime frame of your choice for quality signal.
The moment it crosses from below the 0 line and turns green open buy and put your stop loss 1 daily ATR below current market swing low, and exit trade when Mac is crossing from above the zero line. You can take your profit R1:3-4-5 or better still trail it using chanderlier exit indicator
I recommend setting this indicator to 4hrs on the indicator settings and use it in anytime frame of your choice for quality signal.
The moment it crosses from below the 0 line and turns green open buy and put your stop loss 1 daily ATR below current market swing low, and exit trade when Mac is crossing from above the zero line. You can take your profit R1:3-4-5 or better still trail it using chanderlier exit indicator
