Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

SMA on MACD

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    SMA on MACD

    Can we apply simple moving averages to MACD and plot it over the histogram? Or that would need a custom MACD indicator?

    #2
    >> Or that would need a custom MACD indicator?
    Correct

    Comment


      #3
      Originally posted by draime View Post
      Can we apply simple moving averages to MACD and plot it over the histogram? Or that would need a custom MACD indicator?
      The Avg value (purple by default) in the NT MACD indicator is already an exponential average of MACD. Are you sure you need another one or perhaps you don't like to use EMA and prefer SMA? Not to mention MACD is already a differential exponential average of price in the first place (shown here in EasyLanguage for clarity):
      MACD = XAverage( Price, FastLength ) - XAverage( Price, SlowLength ) ;

      MyMACD = MACD( Close, FastLength, SlowLength ) ;
      MACDAvg = XAverage( MyMACD, MACDLength ) ;
      MACDDiff = MyMACD - MACDAvg ;
      If you would like to see various inputs of fastEMA, slowEMA and Smooth (period) in one indicator, please try the GuppyMACD http://www.ninjatrader-support.com/v...ead.php?t=4654
      Attached Files
      Last edited by thrunner; 01-26-2008, 11:47 AM.

      Comment

      Latest Posts

      Collapse

      Topics Statistics Last Post
      Started by ageeholdings, Today, 07:43 AM
      0 responses
      6 views
      0 likes
      Last Post ageeholdings  
      Started by pibrew, Today, 06:37 AM
      0 responses
      4 views
      0 likes
      Last Post pibrew
      by pibrew
       
      Started by rbeckmann05, Yesterday, 06:48 PM
      1 response
      14 views
      0 likes
      Last Post bltdavid  
      Started by llanqui, Today, 03:53 AM
      0 responses
      6 views
      0 likes
      Last Post llanqui
      by llanqui
       
      Started by burtoninlondon, Today, 12:38 AM
      0 responses
      12 views
      0 likes
      Last Post burtoninlondon  
      Working...
      X