Summary of 📌Bollinger Bands MACD Indicator for MT4/5 - Free - [TFlab]🌟

Video Tutorial Summary

The video tutorial discusses the Bollinger Bands MACD Indicator available for download on the Trading Finder website, compatible with MetaTrader 4 and MetaTrader 5 platforms. Key features and functionalities of the indicator include:

• Installation: Users can download the indicator file and apply it to their charts by dragging it from the Navigator section. It's important to enable the "allow DLL imports" option before confirming.
• Functionality: The Bollinger Bands MACD Indicator combines Bollinger Bands and MACD. It plots MACD values within an oscillator, where:
  • Hitting the upper band indicates a sell signal.
  • Hitting the lower band indicates a buy signal.
• Customization: The indicator settings allow users to customize display options with three themes: light, dark, and custom. Users can adjust:
  • Fast and slow moving average periods for MACD.
  • Bollinger Bands period and standard deviation.
  • Alerts for when bands are hit, including sound and email notifications.
  • The number of candles for calculation, with a default setting of 400 candles.
• User Interface: The tutorial demonstrates how to apply the dark template to the chart and confirms the activation of the Bollinger Bands MACD Indicator.

The main speaker provides a comprehensive guide on using the indicator and invites viewers to share their comments and suggestions.

Main Speaker

• The tutorial is presented by a representative from TFlab.

Notable Quotes

— 00:00 — « No notable quotes »

Category

Technology

Video