Showcase:
MACD Indicator is a refined and visually enhanced version of the classic Moving Average Convergence Divergence (MACD) oscillator for the cTrader platform. Built to mirror the behavior and appearance of the TradingView original, it delivers a familiar, professional-grade experience with several smart upgrades.
Why Choose the MACD Indicator?
1. 100% TradingView Compatibility
The core algorithm follows the exact same logic as the standard MACD on TradingView. It calculates the MACD line as the difference between a Fast and Slow moving average, derives a Signal line from a third moving average, and plots the histogram as the difference between the two. The result is pixel-perfect alignment with the charts you already know.
2. Intelligent 4-Color Histogram
Instead of a simple two-tone histogram, this indicator uses a dynamic four-color gradient system identical to TradingView's PineScript implementation:
- Strong Positive β histogram bar is above zero *and* rising
- Weak Positive β histogram bar is above zero *but* falling
- Weak Negative β histogram bar is below zero *but* rising
- Strong Negative β histogram bar is below zero *and* falling
This color intelligence lets you instantly assess whether momentum is accelerating or weakening, without needing to interpret raw numbers.
3. Built-in Alert System with Pop-up & Sound*
Stay informed even when you're away from the screen. The indicator can send you native cTrader pop-up notifications and play distinct sounds when:
- The MACD line crosses above the Signal line (Bullish Cross β buy signal)
- The MACD line crosses below the Signal line (Bearish Cross β sell signal)
Each alert type can be toggled independently, and the system is protected against duplicate alerts on the same bar.
4. Customizable Visual Signals
You can optionally draw dotted vertical lines on the chart every time a bullish or bearish cross occurs. This makes it easy to scan historical charts and identify past signal zones at a glance, without manually scrolling through data.
5. Fully Customizable & Flexible
Fine-tune every aspect of the indicator to match your trading style:
- Fast Length β period for the fast moving average
- Slow Length β period for the slow moving average
- Signal Length β period for the signal line moving average
- Oscillator MA Type β choose from any moving average type (EMA, SMA, etc.) for the MACD calculation
- Signal MA Type β independently select the MA type for the signal line
Who Is This Indicator For?
TradingView Power Users who want a cTrader-native MACD that behaves, calculates, and colors exactly like the original β no surprises, no mismatches.
Discretionary Traders looking for clear, real-time crossover alerts with both pop-up notifications and sound, making it easy to catch entries without staring at the screen all day.
Analytical Traders who appreciate the four-color histogram as a momentum diagnostic tool β quickly identify whether bullish or bearish pressure is gaining or losing strength.
All Experience Levels β the MACD is a foundational oscillator, and this implementation makes it more accessible than ever with its clean visuals, smart color coding, and fully configurable alert system.
cGuru