AMACD - indicator for MetaTrader 5

The indicator shows MACD calculated based on AMA.

The indicator has eight configurable parameters:

• Period of the Fast AMA;
• Fast EMA of the Fast AMA - the period of the fast EMA in the fast AMA settings;
• Slow EMA of the Fast AMA - the period of the slow EMA in the fast AMA settings;
• Period of the Slow AMA;
• Fast EMA of the Slow AMA - the period of the fast EMA in the slow AMA settings;
• Slow EMA of the Slow AMA - the period of the slow EMA in the slow AMA settings;
• The signal line period - period for the signal line of AMACD;
• Applied price - AMACD calculation price.

Fig.1 AMACD H1

Fig.2 AMACD M15