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George,
I don't have 7.2 but I would guess MACD Tema is simply MACD built using Tema
(Triple Exponentially Smoothed Moving Averges) rather than normal
Exponenetial Moving Average.
Interpretation and usage would therefore be as for MACD. Tema averages are
supposed to be a bit more responsive so perhaps this indicator may give
signal a bit earlier than standard MACD for same time periods. MACD and Tema
are described in MS Manual and Help text. You could easy to build your own
MACD Tema indicator to check this out or there is probably one ready coded
at Guppy MS Formulas site.
John
----- Original Message -----
From: "George C" <Georgechr@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, August 19, 2001 4:30 AM
Subject: MACD TEMA EXPLORATION
Metastock 7.2 comes with a custom indicator called MACD TEMA.
Could anyone provide the formula for the MACD TEMA cross exploration and
possibly also any notes on what the variables within the exploration do.
Seems to be a difficult exploration to create.
Help would be appreciated.
Thankyou
George
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