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I would like to be able to chart the same MACD as is found in my Schwab account. the chart at schwab shows the MACD, signal, and divergence. the options that can be changed are FAST point, SLOW points, and SMOOTHING. any help with adding smoothing to the MACD would be of great help. I may be able to figure out the divergence (assuming it is the difference between the fast and slow moving period). I really like how it is displayed in the same window with the MACD and Signal line. thanks
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You can check out the following for a Divergence Based Custom Indicator:
https://www.metastock.co...r/resources/formulas/#18
The first example is based off of MACD. The built-in MACD only allows you to change the signal periods, but you can also write a custom MACD that allows you to adjust the MACD itself:
x:=Input("1st Mov",1,999,12);
y:=Input("2nd Mov",1,999,26);
z:=Input("Signal Line",1,999,9);
Mov(C,x,E)-Mov(C,y,E);
Mov(Mov(C,x,E)-Mov(C,y,E),z,E)
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 1 user thanked MS Support for this useful post.
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