|
PureBytes Links
Trading Reference Links
|
I am looking for a MACD chart with A Histogram plus would like to be
able to change time frames at will.
copy blow from a WEB page:
Successful trading system is to combine weekly and daily MACD
signals. You can do so by taking the daily signals that are in
accordance with both the weekly MACD and the overall trend (as
measured by the 30- or 40-week moving average).
MACD can be made even more useful by incorporating a related
indicator -- the MACD histogram. Thomas Aspray described the
histogram in 1986. Like MACD, it oscillates around a zero line. But
while MACD is an indicator based on moving averages, the histogram is
an indicator of an indicator -- the MACD itself.
What the histogram shows in graphic form is the difference between
the main MACD line (the 12-26 line) and the nine-period trigger line.
This difference is then plotted on a scale to form a histogram,
defined as a series of vertical lines. The higher the lines "grow"
above the histogram's zero line, the stronger the price momentum and
the more bullish the trend. The further the lines decline below the
zero line, the stronger the negative the trend and the more downside
pressure there is. When the MACD indicator itself issues a buy or
sell signal, then the histogram is always at its own zero line.
------------------------ Yahoo! Groups Sponsor --------------------~-->
$9.95 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/GHeqlB/TM
--------------------------------------------------------------------~->
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|