IR Macd on Chart is a trading indicator that displays the Moving Average Convergence Divergence (MACD) directly on the price chart. It provides a visual representation of the MACD, a momentum indicator used to identify trend direction and potential reversals by showing the relationship between two moving averages of a security’s price. This indicator integrates the MACD histogram and signal line within the chart interface, enabling traders to analyze momentum without switching views. It supports standard MACD functionality and is categorized under momentum indicators.