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Does anybody knows of indicator that measures MACD Histo variation?

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Martin Bittencourt
243
Martin Bittencourt  

Hi!

I'm studying forms of identifying trend strength such as ADX. I noticed that MACD Histogram provides a way of detecting these: when trend becomes stronger, not only the histogram value tends to increase, but the differences between each bar becomes bigger. I'ld like to have an average of such distances.

I know how to create an indicator, but if there is one already made, but copy and paste :) So does anybody knows of a free indicator that shows the moving average of difference between bars in MACD Histogram?

Thanks,

Momergil

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