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Hcour,
macd indicator consist of 2 lines, the MACD line and the trigger line.
The MACD line made by subtracting shorter period EMA with longer
period EMA, by default EMA12 minus EMA26.
The trigger line is an EMA to the MACD line, by default EMA9.
In metastock standard macd indicator, ynu cannot change the EMA
periods of MACD line. Only the trigger line period can be changed.
If you really need to change the periods, you can try to build your
own macd indicator.
Hth,
sugiharto
On 5/3/07, hcour <hcour@xxxxxxxxx> wrote:
> Could someone tell me where to find the MS formula for what is
> normally referred to as the MACD indicator? Doesn't it have 3
> parameters? The one supplied w/MS only has one parameter.
>
> Thanks much,
> Harold
>
>
>
>
> Yahoo! Groups Links
>
>
>
>
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