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Hi there , thanks for trying to explain things , I have consulted the Help
menu and need to get to grips with it . I understand that the macd is fixed
and worked out on the 12 - 26 value but why when you select properties after
selecting the macd line on your chart are you given the choice of changing
the time periods and if you change those then select the trigger which is
the 9 day moving average line overlayed by default then you find that this
has also changed?.
I will try the price oscillator as suggested by the help feature to create
my own macd like indicator.
thanks for your help , thanks again " J ".----- Original Message -----
From: "j seed" <jseed_10@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, June 17, 2002 5:25 AM
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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>
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