Unlock Trading Success with Custom MACD: Real-Time Alerts for Your Phone

Introduction

Hey fellow traders! If you’re looking to take your trading game up a notch, let me introduce you to the Custom MACD. This isn’t just your average Moving Average Convergence Divergence (MACD) indicator; it’s a turbocharged version designed for MetaTrader 5. Not only does it harness the classic MACD's ability to spot trends and reversals, but it also packs a game-changing feature: real-time signal alerts that ping straight to your phone! With its open-source code and user-friendly setup, it’s perfect for both newbies and seasoned pros alike.

How Custom MACD Works

So, how does the Custom MACD work? It follows the traditional MACD formula:

MACD Line: The difference between the Fast EMA (default: 12) and Slow EMA (default: 26).
Signal Line: The Simple Moving Average of the MACD line (default: 9).
Histogram: The difference between the MACD and Signal Line, providing a quick look at market momentum.

Visually, you’ll see:

MACD Line in vibrant Dodger Blue.
Signal Line in eye-catching Orange.
Histogram in lively Lime Green, giving you insight into trend strength.

Custom MACD

Key Differentiator: Phone Signal Alerts

What truly sets Custom MACD apart from the standard MACD in MetaTrader 5? It’s the real-time alerts! Here’s what you can expect:

Instant Alerts: When a Bullish Crossover (that’s when the MACD crosses above the Signal Line, signaling a buy) or a Bearish Crossover (the MACD crossing below the Signal Line, signaling a sell) happens, you’ll get a notification sent directly to your phone via MetaTrader 5 (just make sure you set up push notifications on your MT5 app).
Boosted Trading Efficiency: With these instant alerts, you can jump on market movements, even when you’re away from your trading station.

While the default MACD only gives you on-chart data without any automatic alerts, Custom MACD keeps you plugged into the market, fine-tuning your trading strategy.

Key Features

Customizable Parameters:
- Fast EMA period (InpFastEMA, default: 12).
- Slow EMA period (InpSlowEMA, default: 26).
- Signal SMA period (InpSignalSMA, default: 9).
- Enable/disable alerts (ShowAlerts, default: true).
User-Friendly Interface: Optimized colors and line thicknesses for easy signal spotting across any timeframe.
Open-Source Code: Easily tweak it to add features like signal arrows or integrate with other indicators.
High Performance: Fine-tuned for smooth operation on MetaTrader 5, even with large data sets.

Benefits for Traders

Never Miss an Opportunity: Get instant phone notifications for buy or sell signals, enabling quick action.
Flexible for All Strategies: Whether you’re scalping, day trading, or swinging, Custom MACD works great across all currency pairs and timeframes.
Enhanced Accuracy: Combine MACD signals with other tools (like SMA or RSI) to confirm trends and cut down on false signals.
Community-Oriented: Built for sharing on the MQL5 Code Base, allowing you to give back to the trading community.

How to Use

Installation:
- Download Custom MACD from the MQL5 Code Base.
- Compile the file in MetaEditor and drag the indicator onto a MetaTrader 5 chart.
Set Up Push Notifications:
- In MetaTrader 5, head to Tools > Options > Notifications and configure push notifications for the MT5 mobile app.
- Ensure that ShowAlerts is enabled in the indicator’s input parameters.
Trading Strategy:
- Buy: When the MACD crosses above the Signal Line (Bullish Crossover) and the Histogram goes positive.
- Sell: When the MACD crosses below the Signal Line (Bearish Crossover) and the Histogram turns negative.
- Combine with support/resistance levels or other indicators for added reliability.

Why Choose Custom MACD?

The Custom MACD isn’t just another indicator—it’s a robust tool that keeps you in sync with the market 24/7. The phone alert feature is a major upgrade from the default MACD, saving you time and boosting your profits. Plus, its open-source design and flexible customization make it a fantastic choice for traders eager to enhance their performance.

Conclusion

Ready to level up your trading? Download the Custom MACD from the MQL5 Code Base today and experience the power of MACD with real-time alerts! If you have any questions or want to customize additional features, drop a comment or reach out. Let’s elevate your trading journey together!

Author: Duy Van Nguy
Contact: MQL5 Link
Version: 1.00
Updated: May 11, 2025