Indicators: Deviation scaled MA MACD

 

Deviation scaled MA MACD:

Deviation scaled MA MACD

Since it is actually a sort of EMA (Exponential Moving Average made adaptive using what Ehlers calls "deviation scaling") logical next step is to make a MACD of it too. Here is the MACD of deviation scaled MAs. Some experimenting is advised (short periods for DSMA fast and slow periods can produce some strange results, hence this MACD is using what was described in the article too : a cross of 40 and 100 period DSMA - which produces the MACD presented here)

Author: Mladen Rakic