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MACD is the difference between two EMAs, so I presume
that MACDRSI would be:
fastEMA = EMA(RSI(14), 9);
slowEMA = EMA(RSI(14), 26);
macdRSI = fastEMA - slowEMA;
Plot (macdRSI, "macdRSI", colorRed);
----- Original Message -----
Sent: Tuesday, January 03, 2006 11:01
AM
Subject: [amibroker] How to plot an MACD
of a variable
Hello to all;
I am trying to plot an MACD of a
variable that is stored in "X".
That variable is a relative strenght (
performance rather - not an
RSI) - indicator - that part works fine. The
code is as follows:
> X= RelStrength( "GC" );
Then I
would like to plot an MACD of that X - I can not succeed in
that.
Below
is an MACD code pasted from amobroker. How to modify it so that
it
references to the "X" rather - not the price array:
> r1 = Param(
"Fast avg", 12, 2, 200, 1 );
> r2 = Param( "Slow avg", 26, 2, 200, 1
);
> r3 = Param( "Signal avg", 9, 2, 200, 1 );
> Plot( ml =
MACD(r1, r2), StrFormat(_SECTION_NAME()+"(%g,%g)", r1,
> r2),
ParamColor("MACD color", colorRed ), ParamStyle("MACD
style") );
>
Plot( sl = Signal(r1,r2,r3), "Signal" + _PARAM_VALUES(), ParamColor
>
("Signal color", colorBlue ), ParamStyle("Signal style") );
> Plot(
ml-sl, "MACD Histogram", ParamColor("Histogram color",
> colorBlack ),
styleNoTitle | ParamStyle("Histogram style",
> styleHistogram |
styleNoLabel, maskHistogram ) );
ANy suggestions ?
Thanks
ANdrew
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