You admit that this difference mixed a little up the ideas, rather than clarify?
If you use yellow box on macd line as a NO TRADE ZONE, why (IMO) a yellow dot in BBmacd would mean: TRADE! ?
on the line macd , the yellow line apears when price did cross the 0 line but not by the minimum buffer value ... in other words, if the buffer is set at 2 , and macd crosses above 0 only by 1,7 , you will see the yellow line . This idea came to live because somewhere in the rules of the system , it was said that macd must be "Clearly above/bellow 0 line) . As no trader was ever able to clarify what clearly above/below stands for , and i saw posts where traders were not taking a trade because it only crossed by 0,7 ore 1,2 and so on .. i have added to the code the buffer zone . So that line macd , depending on the buffer value , the yellow line is a no trade zone . If you will set the buffer to 0 , there will never be a yellow dot on the macd line indy ....
the bbmacd however , the yellow dot is actually a confirmation that the cross has happened by at least 0 + buffer ore 0- buffer.. So in the bbmacd case, the yellow dot is not a trade zone but rather of confirmation of change of direction according to clearly above/below buffer...
I do not want to clutter the thread with explanations about indyes so i will make a detailed explanation in the thread started about this indyes.
at the time beeing , monday , please trade according to the colors , red, down, green up and please ignore the yellow dot on bbmacd .
I do apologize to the comunity/traders of this sytem , but i did make a small omition in the bbmacd code and the yellow dot appears only if the rules are met on current bar , and disregards the fact that rules might be met on the second bar and does not print the yellow dot if rules are met on the second bar from the bar where the cross happened ....
still be aware , line macd yellow color is a no trade zone, while bbmacd yellow dot is a deffenetly trade zone
(hope it's correct,lol)
