What is the Impulse MACD Indicator for MT4?

The Impulse MACD indicator is a technical indicator used in forex trading that displays the relationship between the price of a currency and its MACD histogram. It plots the MACD histogram (a graphical representation of the values of a financial instrument over time) on top of a moving average line, which helps identify if there is an upward or downward trend in the currency’s price. In other words, it provides a visual representation of the strength of a currency’s trend.

Impulse MACD Indicator

Download Free Impulse MACD Indicator

The Impusion MACD indicator is often used alongside other indicators, such as the oscillator and RSI, to help forex traders evaluate a currency’s potential for growth or decline.

How to use the Impulse MACD Indicator for MT4?

The indicator helps identify buy and sell signals, showing whether a trend is likely to persist or reverse. It also helps forex traders determine a particular direction’s strength and whether they should increase their trade size or wait for better prices.

Impulse MACD Indicator MT4 trading settings

The Forex Impulse MACD Indicator settings are generally determined by personal preference and depend on the trader’s approach to forex trading. High settings might indicate that a trend is likely to continue, while low settings might suggest that a reversal is imminent.

Some traders prefer to use the indicator with other indicators to help them make more informed decisions about their trading strategies. Setting up the Forex Impulse MACD Indicator is complex but can significantly improve your forex trading results.

Impulse MACD Indicator Advantages

The indicator has several advantages. It can be used to detect short-term trends in a security’s price and can also be used to identify long-term trends. It can also measure the strength of a security’s movements over time. Besides, it is relatively easy to understand and use, making it suitable for beginners and advanced traders.

Impulse MACD Indicator Disadvantages

Another disadvantage of this indicator is that it does not consider fluctuations in the exchange rates over time. This can lead to false signals being generated and can also cause traders to become confused by the MACD’s signals. In summary, while the MACD is a useful technical tool for detecting trends in a given market, it must be used cautiously and with good background information.

Indicator installation on the MT4 platform

To install the Impulse MACD Indicator on the MT4 platform, please follow these steps:

  1. Download the Impulse MACD Indicator file (it should have a .mq4 or .ex4 extension) from a reliable source.
  2. Open the MT4 trading platform and click “File” in the top left corner of the screen.
  3. Select “Open Data Folder” from the dropdown menu.
  4. In the new window that opens, navigate to the “MQL4” folder and the “Indicators” folder.
  5. Copy the Impulse MACD Indicator file into this folder.
  6. Restart the MT4 platform.
  7. Click “Insert” in the top toolbar and select “Indicators.”
  8. Navigate to the “Custom” folder and select “Impulse MACD Indicator.”
  9. Adjust the indicator’s settings to your preference and click “OK.”

The Impulse MACD Indicator should now be displayed on your chart.

Impulse MACD Indicator mt4

Impulse MACD Indicator mt4 free download


The Impulse MACD Indicator is a useful technical tool that can be used to detect trends in a given market. While it has some minor disadvantages, it is an effective way to trade securities.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Telegram Channel | Quora | Reddit

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