A MACD Candles Alert utility for MT5 highlights momentum shifts by repainting candles when the MACD line crosses the zero level. Bullish conditions are marked with one candle color after an upward cross, while bearish conditions switch to a separate color after a downward cross.
Alerting is typically tied to the confirmed bar close to reduce noise: pop-up, push notification, email, and sound can be triggered on the crossing event, with options to limit repeated alerts per bar and per symbol. Common parameters include MACD fast/slow EMA periods, signal period, applied price, candle color selection, and minimum distance filters to avoid marginal crosses. This setup supports fast visual scanning across multiple charts.
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1August 31, 2026 2.4K 4