Hi Guys!
I am trying to build an indicator similar to the MACDBars attached.
This indicator shows the cross of the difference of the MAs of the MACD (first 2 parameters) and a Signal line (3rd MACD parameters), which is a Simple MA.
Now, the indicator I am trying to build is the cross of the difference of the MAs of the MACD (first 2 parameters) and a MA of MACD, applied to previous indicator`s data, where the MA would be customizable (exponential, weighted, simple, etc).
To show the difference between what the MACDBars shows and the indicator itself, below is a chart capture.
Thanks a lot for your help!
I am trying to build an indicator similar to the MACDBars attached.
This indicator shows the cross of the difference of the MAs of the MACD (first 2 parameters) and a Signal line (3rd MACD parameters), which is a Simple MA.
Now, the indicator I am trying to build is the cross of the difference of the MAs of the MACD (first 2 parameters) and a MA of MACD, applied to previous indicator`s data, where the MA would be customizable (exponential, weighted, simple, etc).
To show the difference between what the MACDBars shows and the indicator itself, below is a chart capture.
Thanks a lot for your help!
Attached Image (click to enlarge)
Attached File
