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A MACD but with simple moving averages

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    A MACD but with simple moving averages

    I'm just a beginner programming and I'd like to create a MACD with simple moving averages, to have a variation from exponential moving average.

    Where Can I see tips that actually could help me to construct this indicator?

    Thanks for any help

    #2
    If you're looking to simply have an MACD that is based on simple moving averages. You can open the MACD indicator in the editor, right-click and choose "save as" and give it a new name. Then you can go through and modify the code to use SMA.

    Mainly these lines:
    fastEma.Set((2.0 / (1 + Fast)) * Input[0] + (1 - (2.0 / (1 + Fast))) * fastEma[1]);
    slowEma.Set((2.0 / (1 + Slow)) * Input[0] + (1 - (2.0 / (1 + Slow))) * slowEma[1]);

    Should be:
    fastEMA.Set(SMA(Input, Fast)[0]);
    slowEMA.Set(SMA(Input, Slow)[0]);

    Of course you might also want to rename things to make them more appropriate like fastEMA to fastMA.

    VT

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