What is MACD colored + mtf nmc?
MACD colored + mtf nmc displays the MACD histogram with color changes that reflect increasing or decreasing momentum. The multi-timeframe function can bring a higher-timeframe MACD view to the current chart.
The color changes are a quick way to review trend direction and momentum, including pullback context, while the ordinary MACD relationship remains the underlying reference.
How to use MACD colored + mtf nmc
Apply MACD colored + mtf nmc to an MT4 chart and compare the histogram color with the current price movement and the selected source timeframe.
Set the MACD periods, timeframe, price, colors, and display options to separate momentum changes without hiding the histogram structure.
Where it helps
Makes changes in MACD momentum visible through the bar colors.
Allows broader momentum context to be viewed on the active chart.
Keeps the histogram available for reviewing trend continuation and pauses.
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 |
|---|---|
| _ | Settings section. |
| FastEMA | Controls this indicator option. Default: 12. |
| SlowEMA | Controls this indicator option. Default: 26. |
| SignalEMA | Controls this indicator option. Default: 9. |
| PriceType | Sets this calculation or display option. Default: PRICE_CLOSE. |
| ShowHisto | Enables or disables this display option. Default: true. |
| ShowOSMA | Enables or disables this display option. Default: false. |
| MACDType | Sets this calculation or display option. Default: 0. |
| RSIPeriod | Sets this calculation or display option. Default: 14. |
| MOMPeriod | Sets this calculation or display option. Default: 14. |
| CCIPeriod | Sets this calculation or display option. Default: 10. |
| TimeFrame | Sets this calculation or display option. Default: "Current time frame". |
| __ | Settings section. |
| alertsOn | Enables or disables this display option. Default: false. |
| alertsMessage | Enables or disables this display option. Default: true. |
| alertsSound | Enables or disables this display option. Default: false. |
| alertsEmail | Enables or disables this display option. Default: false. |
| note_MACD_Types_ | Sets this calculation or display option. Default: "0'regular'MACD 1ZeroLag MACD 2MACDofRSI 3MACDofMomentum 4MACDofCCI". |
The screenshot above shows the default input parameters in the MT4 settings window.
How to Install .ex4 Indicator in MetaTrader 4
- Download the ZIP file and extract it.
- In MT4, select File → Open Data Folder.
- Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
- If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
- 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.
