DAT MACD

What is DAT MACD?

DAT MACD is a custom MT4 indicator that combines MACD with TRIX and marks signals from moving-average crosses read against the zero line. The line changes color with the direction, so the current state is readable at a glance.

How to use DAT MACD

Color-coded lines and signal marks in the sub-window appear when the fast line crosses the slow line and holds on the same side of the zero line. The line turns green after an upward cross that holds above the zero line and red after a downward cross that holds below it. The TRIX and divergence settings give a separate read on trend strength and possible reversals.

Where it helps

MT4 Indicator Parameters

The table below lists the available MT4 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.

Parameter	Description
Show_Signal	Turns the signal display on or off. Default: true.
_1_	Section label for the MACD settings group.
FastPeriod	Sets the period of the fast MACD moving average. Default: 12.
SlowPeriod	Sets the period of the slow MACD moving average. Default: 26.
SignalPeriod	Sets the period of the MACD signal line. Default: 9.
method_selection	Selects the moving-average type used in the calculation. Default: 0:SMA,1:EMA,2:SMMA,3:LWMA.
method_type	Specifies the calculation method as a numeric value. Default: 3.
price_selection	Selects the applied price used in the calculation. Default: 0:CLOSE,1:OPEN,2:HIGH,3:LOW,4:Median(high....
price_type	Specifies the price type as a numeric value. Default: 0.
_1__	Section label for the TRIX settings group.
Show_TRIX	Turns the TRIX display on or off. Default: false.
TrixFastPeriod	Sets the fast TRIX period. Default: 18.
TrixSlowPeriod	Sets the slow TRIX period. Default: 35.
Trix_b	Sets the TRIX smoothing coefficient. Default: 0.1.
Trix_hot	Sets the threshold used to identify an uptrend. Default: 0.7.
Trix_Cool	Sets the threshold used to identify a downtrend. Default: 35.0.
_2_	Section label for the divergence settings group.
IndicatorLineWindow	Specifies the window number used for the indicator line. Default: 1.
DivergenceUpColor	Sets the line color used for an upward divergence. Default: DarkGoldenrod.
DivergenceDnColor	Sets the line color used for a downward divergence. Default: DarkGoldenrod.
ShowChartTrendLines	Controls whether trend lines are drawn on the chart. Default: false.
ShowSubWindowTrendLines	Controls whether trend lines are drawn in the sub-window. Default: false.
ShowTrendLines1MChart	Controls whether trend lines are drawn on the one-minute chart. Default: false.
AlertShowOnDivergence	Controls whether an alert is shown when a divergence appears. Default: false.
AlertSoundOnDivergence	Controls whether a sound plays when a divergence appears. Default: false.
AlertMailOnDivergence	Controls whether an email notification is sent when a divergence appears. Default: false.
ClassicUpDivSound	Specifies the sound file used for an upward divergence. Default: alert.wav.
ClassicDnDivSound	Specifies the sound file used for a downward divergence. Default: alert.wav.
ReverseUpDivSound	Specifies the sound file used for a reverse upward divergence. Default: news.wav.
ReverseDnDivSound	Specifies the sound file used for a reverse downward divergence. Default: news.wav.
NumberOfDivergenceBars	Specifies the number of bars used to detect divergence. Default: 500.

The screenshot above shows the default input parameters in the MT4 settings window.

How to Install .ex4 Indicator in MetaTrader 4

1. Download the ZIP file and extract it.
2. In MT4, select File → Open Data Folder.
3. Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
4. If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
5. Restart MT4, find the indicator in the Navigator, and drag it onto a chart.

Test the tool on a demo account first. File contents and required folders can vary between packages.