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Some consider the MACD to be just the 12,26 MA's. To use different MA's you
can use the Price Oscillator function and then put a moving average on that
as the trigger. MACD may be copyrighted by the original proponent, Dr.
Gerald Appel of Systems and Forecasts .
----- Original Message -----
From: "j seed" <jseed_10@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, June 16, 2002 5:25 PM
Subject: Re: Macd properties
>
> Jeff or Steve,
>
> Seems to be an odd question as Metastock does not allow you to change the
> value of MACD(). It is set at 12 and 26. Check the explanation in the
"HELP"
> section.
>
> On the other hand if you are using a custom indicator consider that if you
> were to change the value of the MACD it would change the value of the
> trigger since it is nothing more than a moving average of the MACD.
Consider
> this:
>
> {MY MACD}
> A:=mov( close, 12, E) - mov( close, 26, E);
> B:=mov(A, 9, E);
> A; B;
> {end}
>
> Now if you change any of the values of the A variable(MACD) it will have
an
> effect on the B variable(trigger) since the A variable is part of that
> variable as well. You should be able to change the value of the B
lookbacks
> without it effecting the A variable.
>
> J.
>
> >From: "jeff" <jcadman@xxxxxxxxxxxxxx>
> >Reply-To: metastock@xxxxxxxxxxxxx
> >To: <metastock@xxxxxxxxxxxxx>
> >Subject: Macd properties
> >Date: Sun, 16 Jun 2002 19:17:21 +0800
> >
> >High guys I'm new to metastock and have a very simple question for you ,
> >when using the macd indicator , how do I change one set of the property
> >parameters without changeing the other i.e the moving averageline
property
> >and the macd property , as soon as I change one the other changes too?
> >regards Steve.
>
>
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