MACD's Showing Up Differently | Forex Factory

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MACD's Showing Up Differently

  • #1
  • First Post: Jul 23, 2014 3:03pm Jul 23, 2014 3:03pm
Why is this happening? I have 2 MACD's on the same setting put the crosses are totally different.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-07-23 at 3.03.51 PM.png Size: 42 KB
Luck is what happens when preparation meets opportunity
  • #2
  • Jul 23, 2014 3:24pm Jul 23, 2014 3:24pm
Quoting ShanghaiMoon
Why is this happening? I have 2 MACD's on the same setting put the crosses are totally different. {image}
One looks like a third party indicator, the other is MT4's standard MACD. The answer to your question is that the calculations are different.

The MACD in MT4 is calculated incorrectly. More info here.
  • #3
  • Jul 23, 2014 3:26pm Jul 23, 2014 3:26pm
thank hanover. i find it crazy that they would calculate it different and have it be the same but it is good to know!
Luck is what happens when preparation meets opportunity
  • #4
  • Jul 23, 2014 6:49pm Jul 23, 2014 6:49pm
Quoting ShanghaiMoon
Why is this happening? I have 2 MACD's on the same setting put the crosses are totally different. {image}
If you look closely, the standard one is the same than the custom 2 lines : Blue custom line is the standard histo, Red custom line is the Signal standard line.
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Jul 24, 2014 8:57am Jul 24, 2014 8:57am
Quoting FerruFx
{quote} If you look closely, the standard one is the same than the custom 2 lines : Blue custom line is the standard histo, Red custom line is the Signal standard line.
Agreed and the histogram in the lower chart is the difference between MACD and Signal.
  • #6
  • Jul 24, 2014 9:06am Jul 24, 2014 9:06am
Quoting Akh12851
{quote} Agreed and the histogram in the lower chart is the difference between MACD and Signal.
Yes they are both the same but are displaying the informations differently.
MT4/MT5 EAs/Indicators/Alerts coder
  • #7
  • Last Post: Jul 24, 2014 1:04pm Jul 24, 2014 1:04pm
its funny how they are the same but after reading around some people think they are actually different(i know i did till i understood what I was looking at)

any ways the mystery is solved so the thread can CLOSE thanks every one for yalls help
Luck is what happens when preparation meets opportunity
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