Hi, I would like to know if someone could help me to make my special indicator more responsive.. I like to see the macd move more out side or in side the bb line when reacting to a new direction..

MACDBB

pr := MP();

periods := ExtFml("ASI.HomodyneCyclePeriod",pr);
A1:= ExtFml("ASI.MACD",Pr,periods,periods/2.4);
BBtop:=ExtFml("ASI.BBandTop",A1,periods/3.4,1.0);
BBmid:=A1;
BBbot:= ExtFml("ASI.BBandBot",A1,periods/3.4,1.0);
BBtop;BBmid;BBbot;

Best regards

mike

Hi johnl..

Try the ACT Toolkit "

Rg mike

Mike,

See if this helps:

{ExtFml( "ASI.BBandBot", Data Array, Periods, deviations)}

{ExtFml( "ASI.MACD", Data Array, Slow Periods, Fast Periods)}

{MACDBB}

Factor1:=Input("BB Factor1",0.1,10,3.4);

Deviations:=Input("BB Deviations",0.1,10,1.0);

pr := MP();

periods := ExtFml("ASI.HomodyneCyclePeriod",pr);

A1:= ExtFml("ASI.MACD",Pr,periods,periods/2.4);

BBtop:=ExtFml("ASI.BBandTop",A1,periods/factor1,deviations);

BBmid:=A1;

BBbot:= ExtFml("ASI.BBandBot",A1,periods/factor1,deviations);

BBtop;BBmid;BBbot; {end}

The first two lines of code are there to help you understand what the ASI DLL is looking for and can be eliminated.

The MACD is usually calculated by

mov( close, 12, E) - mov( close, 26, E)
In the case of this indicator it uses the Homodyne Cycle periods instead.

Periods are later divided by 2.4 in the A1 array and 3.4 in the BBtop and BBbot arrays.

The standard deviations in the BB bands are set to 1.0 which is pretty tight. You may wish to use a little longer period there.

Hope this helps,

Preston