MJ Indicators Help Info
|
$$$ NOTE $$$: If you post the indicator somewhere or mail it to a friend: please include also the info file so that they may benefit from it too. THANKS
Is a CHART indicator based on bar open price. Only the live (wiggling) part is using the last tick price(closing price).
COMPARE TO OTHER INDICATORS: it can easily be compared with the MT4 MA: just apply a MT4 MACD with the same Settings and: Applied to: open
Other Input Parameters which are specific to this Indicators etc....
_____________1_____________ = "<<< MACD SETTINGS >>>"
*iFastEMAPeriod: FastEMAPeriod: used in the first exponentially smoothed moving average of the MACD formula.
*iSlowEMAPeriod: SlowEMAPeriod: used in the second exponentially smoothed moving average of the MACD formula.
*iSignalSMAPeriod: SignalSMAPeriod: used in calculating the final Signal line.
"== MACDHistogram =="
*iMACDHistogramWidth: MACD Histogram width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMACDHistogramUP: MACD Histogram color if Bar is higher than previous.
*cMACDHistogramDN: MACD Histogram color if Bar is lower than previous.
*cMACDHistogramEQ: MACD Histogram color if Bar is the equal(same) as the previous.
"== Signal Line =="
*iSignalLineStyle: Signal Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iSignalLineWidth: Signal Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cSignalLine: Signal Line color.
===== END OF ===== OTHER INPUT VARIABLES =====