MACD High/Low Indicator for MT5 FREE DOWNLOAD

In the world of forex trading, having access to powerful technical indicators is essential for making informed trading decisions. The MACD High/Low Indicator for MT5 is a versatile tool designed to assist traders in identifying trends, momentum shifts, and potential entry/exit points. In this comprehensive guide, we will explore the key features, benefits, and step-by-step installation process of the MACD High/Low Indicator, helping you unlock its full potential.


The MACD (Moving Average Convergence Divergence) High/Low Indicator is a dynamic technical tool that leverages the power of the MACD alongside high and low price levels. This combination provides traders with a deeper understanding of market trends and potential reversal points. By effectively analyzing price movements and divergences, the indicator equips traders with valuable insights to enhance their trading strategies.

Key Features of the MACD High/Low Indicator

  1. MACD Convergence and Divergence: The indicator highlights both the convergence and divergence of the MACD, shedding light on potential shifts in momentum and trend direction.
  2. High and Low Price Levels: By incorporating high and low price levels, the indicator offers a holistic view of price action. This allows traders to gauge the strength of trends and identify key support and resistance levels.
  3. Divergence Detection: The MACD High/Low Indicator excels at identifying divergences between price and the MACD histogram. Divergence signals can provide early indications of trend reversals.

Benefits of Using the MACD High/Low Indicator

  1. Enhanced Trend Analysis: The combination of MACD and high/low price levels provides a comprehensive analysis of market trends, empowering traders to make well-informed decisions.
  2. Early Reversal Signals: Divergence signals generated by the indicator can serve as early warnings of potential trend reversals, giving traders a competitive edge.
  3. Informed Entry and Exit Points: By pinpointing potential entry and exit points, the indicator assists traders in making timely and strategic trading decisions.

How to Download and Install the MACD High/Low Indicator

Incorporating the MACD High/Low Indicator into your MetaTrader 5 platform is a straightforward process. Here’s a step-by-step guide to help you get started:

  1. Download the Indicator: Locate a reputable source that offers the MACD High/Low Indicator for free download. Download the indicator file (typically in “.ex5” format) to your computer.
  2. Access the Indicator Folder: Open your MetaTrader 5 platform and go to the “File” menu. Choose “Open Data Folder” to access the platform’s directory.
  3. Install the Indicator: Within the data folder, navigate to the “MQL5” directory and then to the “Indicators” subfolder. Copy and paste the downloaded indicator file into this folder.
  4. Restart MT5: Close and reopen your MetaTrader 5 platform to ensure that the MACD High/Low Indicator is properly loaded.
  5. Apply the Indicator: Open a forex chart for the desired currency pair. Right-click on the chart, select “Indicators List,” and then choose the MACD High/Low Indicator from the list.
  6. Customize Settings: A settings window will appear, allowing you to customize the indicator’s parameters. Adjust the settings based on your trading strategy and preferences, and click “OK” to apply the changes.


The MACD High/Low Indicator for MT5 combines the analytical power of the MACD with high and low price levels, offering traders a comprehensive tool for trend analysis and divergence detection. By incorporating this indicator into your trading strategy, you can gain valuable insights into market dynamics, momentum shifts, and potential reversal points.

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