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You can use what is called a "Relative Spread Strength" essentially a RSI of the spread i.e. DIFF in your formula
For this you will have to use the RSIa formula in AB.
RSIa(diff, periods)
R
On 5/20/07, itmwh <toxutao@xxxxxxxx> wrote:
Basically the Macd formular is as follows:
DIFF = EMA(CLOSE,S) - EMA(CLOSE,P);
DEA =EMA(DIFF,M);
MACD = 2*(DIFF-DEA), COLORSTICK
Now I hope to normalize the value of MACD, so that the shape of the new
version of MACD looks like the above original one, but its value now
should be fluctuating between 0 and 100, does someone know how to
achieve this ? Thanks
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