EZT Macd Pro is a trading indicator that was published to the mql5 marketplace by Tibor Rituper, who has a portfolio containing 13 products on the site. It was published in June or 2017 and last updated to version 1.10 approximately one year later in 2018.
The EZT Macd (Moving Average Convergence/Divergence) Pro indicator follows the trend and indicates the relationship between two moving averages of the price. We’ve listed a few of its key features below:
-Most effective in wide-swinging markets.
-Three of the most popular ways to use the indicator include crossovers, overbought/oversold conditions, and divergences.
-Works with different timeframes on the hit MetaTrader 4 platform.
-Includes multiple settings that can change alerts, display, divergence options.
It costs $69 USD to purchase this indicator, or traders can rent it for the low rate of $10 per month. There are also demo accounts and a free version of this product that uses EMA (Exponential Moving Average) for calculation, with the difference being that the paid version uses all four moving average types (simple, exponential, smooth, linear weighed) when making calculations. Divergence is another added feature that isn’t available in the free version.
The EZT Macd Pro combines some of the most popular features of other indicators into one by indicating crossovers, overbought/oversold conditions, and divergences. It is a trend-following indicator that is best used in wide-swinging financial markets. Popularity-wise, this product hasn’t received a lot of attention from the community, other than a single 5-star review. This shouldn’t necessarily be a deal-breaker since the author has published multiple products in the marketplace and seems to be a professional.
The availability of a free version of this indicator gives traders a more economical way to test the product, although it only costs $10 USD to rent the full version for a month. Should you decide to rent/buy the paid version, be sure to choose a good broker with a low spread for the best results.
This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/23233