The MACD Stochastic Overlay Trading indicator for MT5
MACD Stochastic Overlay is a specialized system designed to assess the current market position, as well as to identify optimal entry points to the market. On the chart, this indicator is represented as candles painted in certain colors, thanks to which the direction of the trade will be revealed. Despite the complexity of the calculations, the indicator MACD Stochastic Overlay is quite simple to use. To perform its main tasks, the indicator combines the calculations of two indicators MACD and Stochastic at once, which together create a win-win mini strategy that can be used on any timeframe, with any currency pairs.