Smoother Momentum MACD (MT5)
Smoother Momentum MACD blends MACD logic (fast/slow EMA spread + signal) with a smoothed momentum core. You get a clean, low‑lag histogram with zero‑line flips and slope‑based bias for MetaTrader 5.
What it shows
- Momentum‑driven MACD histogram that reduces chop vs classic MACD.
- Signal line (smoothed) and zero line for bull/bear regime.
- (Optional) arrows/alerts — zero flips, histogram ↔ signal crosses, slope changes, volatility squeezes.
Trade ideas
- Flip → first pullback: after a zero‑line flip up, buy the first shallow red‑to‑green pullback; mirror for shorts.
- Signal cross + slope: enter on histogram cross above signal when slope rising and price above structure.
- Trend pullback: with positive regime, use red bars contracting as dip buys; exit on return to zero or slope down.
- (Optional) Divergence filter: avoid entries on price HH/LL not confirmed by histogram.
Inputs that matter
- Fast/Slow EMA — base spread (responsiveness vs stability).
- Signal length — trigger sensitivity.
- Momentum smoothing — low‑lag filter strength.
- MTF/alerts — crosses, flips, slope, squeezes.
- Colors/widths — quick visual read.
Suggested usage
- M5–M15: flips and signal crosses with structure.
- M30–H4: swing continuations (flip → pullback → resume).
- Daily+: regime/bias map and risk tilt.
Installation (MT5)
- Open MetaTrader 5 → File → Open Data Folder.
- Copy
smoother-momentum-macd.ex5
to MQL5/Indicators. - Restart MT5 (or refresh Navigator) and attach Smoother Momentum MACD.
- Tweak inputs → OK.
FAQ
Does it repaint? No on closed bars.
Use in EAs? Yes, via iCustom
.
Markets? FX, indices, metals, crypto — anything on MT5.
Disclaimer: Test on a demo account first; risk management is essential.