Tipu MACD – Indicator


Tipu MACD Oscillator is the modified version of the original MACD Oscillator published by MetaQuotes.


  • Choose two types of signals (Zero Line Cross, and Main Signal Cross).
  • Choose the type of plot (Histogram, Lines, or Both Lines and Histogram).
  • Customizable Buy/Sell alerts, push alerts, email alerts, and visual on-screen alerts.

MACD Oscillator was devised by Gerald Appel in late 1970s. It is a momentum oscillator that is calculated by subtracting the two price moving average calculated on the price. MACD Oscillator is one of the most simplest indicator that provides best of both trend and momentum.

How to Use

Moving Average Convergence/Divergence (MACD), as the name suggests, is about Convergence and Divergence of two moving averages. There are three ways a MACD can be used:

  • Zero Line Cross – MACD zero line cross means the two moving averages cross. For example, when MACD crosses zero line from below, it means that the fast moving average has crossed the slow moving average and has moved up (bullish cross).
  • Signal Line Cross – MACD signal line is the simple moving average of the MACD main line and can help signal early change in the trend. For example, when the MACD main line crosses the signal line from below, it means the moving average trend is moving up. This can be used as a buy signal.
  • Convergence/Divergence – Divergence occurs when the MACD indicator directional movement is not confirmed by the price action. For example, a bullish divergence occurs when EURUSD makes lower low but the MACD indicator makes higher low. This means that EURUSD is losing momentum and a bullish correction is possible.


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