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Joined: 5/29/2005(UTC)
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In Telechart2005, you could set MCAD in the chart as follows:
MCAD(Short, Long, Period, Simple/Exp)
In Metastock formula, you can only set the function:
MCAD();
How can i use MCAD() in Metastock and be able to control the parameters:Short, Long, Period, Simple/Exp
Al
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
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Are we talking about the MACD Indicator?
If so then here we go;
the MACD is an acronym for Moving average convergence divergence indicator.
It takes 2 MA's and shows the difference between the 2 Ma's
Per1:=Input("fast MA",5,50,12);
Per2:=Input("slow MA",10,100,26);
Per3:=Input("Signal MA",5,50,9);
MA1:=Mov(C,Per1,E);
MA2:=Mov(C,Per2,E);
Ind:=MA1-MA2;
Signal:=Mov(Ind,Per3,E);
Histogram:=Ind-Signal;
Ind;
Signal;
Histogram;{Optional}
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