MACD Indicator draws line and arrow in the main chart window to identify the trade opportunity.

The number of bars used for indicator calculation are:

1. FAST EMA PERIOD-12 
2. SLOW EMA PERIOD-26
3. SIGNAL SMA PERIOD-9

MACD Indicator provides the following features:

• It displays an Up arrow when the upward trend starts , the color, size of Up arrow can be reset and the type of arrow can be changed.
• It displays a Down arrow when the downward trend starts , the color, size of Down arrow can be reset and the type of arrow can be changed.
• It provides the feature of sending alert messages which can be reset true or false.
• It provides the feature of sending email which can be reset true or false.
• It provides the feature of producing sound alert which can be reset true or false.
• It provides the feature of plotting line and arrow which can be reset true or false.
• It provides the feature of displaying price value alongside  every Up or Down arrow, which can be reset true or false.
• It provides the feature of displaying current date and GMT time which can be reset true or false.
• It provides the feature of displaying Account Details which can be reset true or false.
• It provides the feature of displaying Current Spread which can be reset true or false.
• It provides the feature of displaying Indicator Inputs which can be reset true or false.
• It provides the feature of displaying copyright information which can be reset true or false.
• It provides the feature of displaying Current Signal as Buy, Sell or No Signal, which can be reset true or false.
• It provides the feature of displaying MACD MAIN and MACD SIGNAL values, which can be reset true or false.
• It provides the feature of displaying current date and GMT time which can be reset true or false.
• It provides the feature of setting the signal line width which can be reset true or false.