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Attachments: Help with MACD & MA of MACD Cross indicator
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Help with MACD & MA of MACD Cross indicator

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  • First Post: Edited at 5:55pm May 4, 2011 4:24pm | Edited at 5:55pm
  •  guibernaua
  • | Joined May 2005 | Status: Trader | 81 Posts
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!



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File Type: mq4 MACDBars.mq4   3 KB | 1,203 downloads
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