MACD-OsMA on Chart MTF 2 displays oscillator signals directly on the price chart—not in a separate sub-window.
- OsMA mode: Arrows or color highlights appear when the OsMA line crosses zero.
- MACD mode: Arrows or color highlights appear when a candle closes above or below the MACD signal line.
The indicator supports multi-timeframe (MTF) analysis and includes numerous adjustable parameters for tailoring behavior to any timeframe or currency pair.
MACD-OsMA on Chart MTF 2 warrants close attention: used correctly, it can significantly improve trade entry precision.
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FAQ
What does MACD-OsMA on Chart MTF 2 display?
It shows MACD and OsMA signals as arrows or colored highlights directly on the main price chart — not in a separate window.
Does it support multiple timeframes?
Yes — the ‘MTF’ in its name stands for Multi-Timeframe; you can set it to read data from higher timeframes while trading on a lower one.
Can I use it on MT4 and MT5?
This version is built for MetaTrader 4. A compatible MT5 version may require adaptation or an updated release.
