Reversing MACD

reversing_macd

Function Name: reversing_macd

Tags: Moving Average Convergence Divergence, Moving Averages

Category: Trend

- MACDzero line shows the value that price needs to reach for MACD oscillator to get zero value. - MACDeq line shows the price value needed for MACD to retain it's current value.

 

Source: Stocks & Commodities, January 2012: "Reversing MACD" by Johnny Dough

 

Parameters

EMAfast

 

Default Value: 12  |  Minimum: 3  |  Maximum: 100

 

Type: Numeric

EMAslow

 

Default Value: 26  |  Minimum: 3  |  Maximum: 100

 

Type: Numeric

Trigger

 

Default Value: 9  |  Minimum: 3  |  Maximum: 100

 

Type: Numeric