--- In [email protected], "Ron J" <[EMAIL PROTECTED]> wrote:
>
> Could someone post the code for MACD as an oscillator (simple moving
> average)
>
> Thanks
>
Remember that the inbuilt MACD() uses Exponential Moving Average so
the below example should be used if you would like it with Simple MA.
//below set with standard values of 12,26,9
_SECTION_BEGIN("MACD Simple MA");
r1 = Param( "Fast avg", 12, 2, 50, 1 );
r2 = Param( "Slow avg", 26, 2, 80, 1 );
r3 = Param( "Signal avg", 9, 2, 80, 1 );
MA1 = MA(C,r1);
MA2 = MA(C,r2);
ml = MA1 - MA2;
sl = MA(ml,r3);
Plot( ml , StrFormat(_SECTION_NAME()+"(%g,%g)", r1, r2), ParamColor
("MACD Color",colorRed),
ParamStyle("MACD style") );
Plot( sl , "Signal" + _PARAM_VALUES(), ParamColor("Signal color",
colorBlue ), ParamStyle("Signal style") );
_SECTION_END();