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MACD Color Indicator

The MACD Color indicator with default settings 12,26,9 is a histogram used to spot a potential change of a trend easily. When the histogram is green, it indicates a bullish market, and the red histogram indicates a bearish market.

This is a MetaTrader 5 (MT5) indicator and works with all currency pairs and all timeframes. Once you download and install the indicator, it will appear in your trading chart, like the image shown above.

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