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does the basic MACD repaint?

  • Post #1
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  • First Post: Jun 19, 2007 11:53pm Jun 19, 2007 11:53pm
  •  woopypooky
  • | Joined May 2007 | Status: Member | 110 Posts
the default MACD 12,26,9 available on Mt4, does it repaint in 4 H or daily chart?
like it was below 0 and fews hour later it goes above 0, or after u quit MT4 and reopen it, will it totally repaint the history?
  • Post #2
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  • Edited 6:15am Jun 20, 2007 5:49am | Edited 6:15am
  •  hanover
  • Joined Sep 2006 | Status: ... | 8,092 Posts
Woopy, MACD should not repaint if it's being calculated correctly. This is because each MACD value is calculated only from data on the same or earlier price bars. (It is actually the difference between 2 EMAs: 12 and 26 are the deafults). The only MACD value that might change is the current bar, during a live data feed.

David
 
 
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  • Last Post: Jun 20, 2007 5:54am Jun 20, 2007 5:54am
  •  melpheos
  • Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
Quoting woopypooky
Disliked
the default MACD 12,26,9 available on Mt4, does it repaint in 4 H or daily chart?
like it was below 0 and fews hour later it goes above 0, or after u quit MT4 and reopen it, will it totally repaint the history?
Ignored
you were probably looking at the level just after a down spike and it reversed or something.

On the daily chart or H4, MACD can change a lot on the same candle
 
 
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