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Wouldn't a template solve the problem?
Harvey Pearce, Victoria, B.C. Canada.
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Chip Anderson wrote:
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> As an experienced software designer, I'm sure that useability testing would
> demonstrate the significant difference between the built-in MACD indicator
> and a custom indicator created using the semi-colon technique you
> described. The built-in indicator is composed of two lines with
> _different_ styles (three if you count the horizontal blue line). The MACD
> created with the semi-colon technique just plots two indentical looking red
> lines.
>
> For someone doing visual analysis of cross-over signals and divergences,
> this is a big problem. Sure I can go in and change the lines by hand each
> time I use my indicator, but why should I have to?
>
> (If my example is still not clear, drop the built in MACD indicator and the
> DEMA-smoothed MACD indicator on the same price chart. Notice the
> horizontal blue line and the "Style" option that the MACD indicator has are
> missing from the DEMA version because the DEMA version was built as a
> custom indicator using the semi-colon technique. IMHO the DEMA plot is
> useless until you manually modify the style of the signal line.)
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