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TMACD.mq5 (12.88 KB) view

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Triangular Moving Average Convergence/Divergence oscillator - MACD based on TriMA.

It has four inputs:

Calculation:

TMACD = SMA(FastMA, PeriodFast) - SMA(SlowMA, PeriodSlow))

Signal = SMA(TMACD, Signal period)

where:

FastMA = SMA(Applied price, PeriodFast)

SlowMA = SMA(Applied price, PeriodSlow)

PeriodFast = Floor(Fast TriMA period/2)+1

PeriodSlow = Floor(Slow TriMA period/2)+1

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22612

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