Please find it on the Marketplace
The indicator is an implementation of Gerald Appel's MACD from the 1970s.
The indicator shows the convergence and divergence of a short and a long term EMA (Exponential Moving Average). The indicator also features a Signal line, which is an EMA of the MACD itself and a histogram, which displays the difference of the MACD and the Signal line in bar histogram form.
- MACD1.png (908.92 KiB) Viewed 4955 times
- MACD2.png (170.12 KiB) Viewed 4955 times
The Configuration
- MACD_Config.png (190.04 KiB) Viewed 4955 times
Bar Interval: The time interval for the EMA calculations (1, 2,5, 10, 30 seconds, 1, 5, 15 minutes)
MACD Long period: Long EMA period for the MACD (round number)
MACD Short period: Short EMA period for the MACD (round number)
Signal period: EMA period for the Signal line (round number)
Line type: Line type for all lines (solid, short dash, long dash, dot, dot-dash)
Line width: Line width for all lines
Colors: Color configuration for all indicator components.