Best MACD for 4 H Chart

Adding MetaTrader 4 MACD Indicator

Step 1: Open the Navigator Window Panel on BTCUSD CryptoCurrency Trading Software Platform

Open Navigator window as illustrated & shown below: Navigate to the 'View' menu (click on it) and then select 'Navigator' window panel (click), or From Standard Tool Bar click 'Navigator' button or press key-board short-cut keys 'Ctrl+N'

On the Navigator window, select 'Indicators', (DoublePress)

Best MACD for 4 Hour Bitcoin Chart - Best MACD Settings for 5 Minutes BTCUSD Chart - MACD Technical Bitcoin Indicator

Best MACD for 1 Hour Crypto Chart - Best MACD Settings for 4 Hour Crypto Chart - Best MACD Setting for Day Trading Chart Crypto

Adding MACD MT4 Chart Indicator

Expand the indicators window menu by pressing the expound tool button mark "+" or doubleclick the 'indicators' menu, after which the button will appear and be shown as (-) & will now display a list just as shown below - choose the MACD from this list of technical indicators so that to add the MACD on the bitcoin chart.

Best MACD for 4 Hour BTCUSD Chart - Best MACD Setting for Daily Bitcoin Chart - Best MACD Settings for 15 Minute Bitcoin Chart

Best MACD for 1H Crypto Chart - Best MACD Settings for 4H Crypto Chart - Best MACD Setting for Day Trade Chart Crypto

How to Place Custom MACD Bitcoin Indicator in MetaTrader 4 Platform

If the technical indicator you want to add is a custom MACD - for examples if the MACD you want to add is a MACD custom indicator you'll need to first add this custom MACD on the MetaTrader 4 software & then compile the custom bitcoin MACD technical indicator so that as the new added MACD custom bitcoin indicator appears on the list of custom indicators on the MT4 software.

To know how to install MACD on the MT4, how to add MACD window to MT4 and how to add bitcoin MACD custom indicator in MetaTrader 4 Platform - How to add a custom MACD bitcoin Indicator in the MT4.

MACD Indicator Illustrated

MACD Bitcoin Analysis and MACD BTCUSD Signals

The MACD is one of simplest, reliable, & most often used cryptocurrency technical indicators.

MACD is a momentum oscillator & also a bitcoin trend following indicator.

Construction of MACD Indicator

The construction of this MACD technical indicator calculates difference between 2 moving averages and then draws that as the 'Fast' line: the second 'Signal' line is then calculated using the resulting 'Fast' line and then plotted on the same window as 'Fast' line.

'Fast' line - Blue Line
'Signal' line - Red Line

The 'standard' MACD values for the 'Fast' line is a 12-period exponential moving average and a 26-period exponential moving average MA and a 9-period exponential moving applied to the fastline, this draws 'Signal' line.

MACD FastLine - difference between 12 & 26 exponential MAs moving averages
MACD Signal-line - moving average of this difference of 9-periods

Best MACD for Daily BTCUSD Chart - Best MACD Settings for 5 Minutes BTCUSD Chart - How to Use MACD in Chart

Best MACD Settings for 15 Min Chart - Best MACD Settings for 5 Minute Chart - Best MACD Settings for 1 Minute Crypto Chart

MACD BTCUSD Analysis and Generating Bitcoin MACD Signals

The MACD is a commonly used as bitcoin trend following technical indicator and works most efficiently when analyzing bitcoin trending bitcoin price movements. The 3 common strategies of using MACD to generate bitcoin signals are:

Crossovers BTCUSD Signals:

MACD Fast Line, MACD Signal-line Crossover:

A buy btcusd trading signal gets derived and generated when MACD Fast line crosses above MACD Signal line
A sell btcusd trading signal gets derived and generated when MACD Fast line crosses below MACD Signal line.

However, in a strong bitcoin trending market this signal gives a lot of whipsaws, the best bitcoin MACD crossover to use would thus be the MACD Zero Line Crossover Signal that's less prone to bitcoin whipsaws.

MACD Zero Line Cross-over Signals:

When the MACD FastLine crosses above the MACD zero center line a buy bitcoin signal is generated.
when the MACD FastLine crosses below MACD zero center-line a sell bitcoin trading signal is generated.

MACD Divergence Bitcoin Trading:

Looking for divergences between the MACD and bitcoin price can prove to be very effective in identifying potential bitcoin trend reversal and/or bitcoin trend continuation points in bitcoin price movement. There are 2 types of MACD divergences:

MACD Classic Divergence Bitcoin Signals
MACD Hidden Divergence Bitcoin Signals

MACD Overbought BTCUSD Levels and MACD Oversold Bitcoin Trading Levels:

MACD is also used to identify the potential overbought & oversold levels in bitcoin price action movements.

These overbought & oversold levels are generated if the shorter MACD Lines separate dramatically from the median, this is a signal that bitcoin price action is over extending and it will soon return to more realistic areas.

MACD & Moving Average Crossover BTCUSD System

MACD technical indicator can be combined with other indicators to form a system. A good MACD combination is with the Moving Average cross over strategy. A signal is generated when both bitcoin indicators give a trading signal in same direction.

Best MACD for Daily BTCUSD Chart - Best MACD Settings for 15 Min BTCUSD Chart