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I use the indicator MACD_H = MACD()-Mov(MACD(),9,E).<span
> I have just realized that when I use it
in a weekly exploration, and in a weekly chart display, the numbers are
different. For example, weekly MACD_H
calculated in Explorer for Wesfarmers (I am in Australia) for eod data for 10
January 2003 is 0.1218, but in the weekly chart it shows as .09746 (and the
chart is internally consistent, ie, the histogram is exactly the difference
between the MACD lines). I noticed
it because the Exploration was occasionally returning rising MACD_H’s
that didn’t appear to be rising on the charts.<span
> I would appreciate any ideas on why
MACD_H in Explorer and the display might be different, when they both appear to
be based on the same formula.
Thanks,
Barry
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