Summary of 🚀MACD 2 Line Oscillator for MT4/5 Download - Free [TradingFinder]

The video presents the MACD 2 Line Oscillator (MACD2L) indicator available for download on the Trading Finder website, compatible with MetaTrader 4 and MetaTrader 5 platforms. It is an enhanced version of the classic MACD indicator, featuring an additional moving average line highlighted in red.

Main Financial Strategies and Features:

The MACD2L oscillator helps traders analyze market momentum and trend changes by using two MACD lines and an additional moving average.
It provides customizable settings for:
- Fast and slow MACD periods
- Signal line period
- Price mode selection (close, open, highest, lowest)
- moving average period and type (simple, exponential, smooth, linear weighted)
The indicator visually differentiates market conditions by changing candle colors (green for profit, red for loss) in the default auto theme mode.
Themes are customizable with options for auto, light, dark, or custom templates to fit trader preferences.

Download the MACD2L indicator file from the Trading Finder website.
Open MetaTrader 4 or 5 and locate the indicator in the Navigator section.
Drag the indicator file onto the desired chart.
Enable "Allow DLL imports" in the settings to ensure proper functionality.
Adjust indicator parameters such as MACD periods, price mode, moving average period, and moving average mode.
Choose a theme (auto, light, dark, or custom) to apply to the chart.
Apply the indicator and observe the oscillator window below the main chart, with the blue line representing the MACD signal line and the red line representing the moving average.