MACD with additional line

MQL4 Indicators

Job finished

Execution time 20 hours

Specification

Create new Indicator which works same as usual

iMACD-indicator (mq4)

+ addititionally it shows one additional line: the relative difference "rel_diff" of macd to the signal line as a separate line within the macd-indicator window.

The formula for the difference "rel_diff":

rel_diff=curr_diff/max_diff;

curr_diff=(macd0-signal0)/max_diff; //macd0 is the macd value from the current bar 0 // signal1 is the macd-signal value from the current bar0

max_diff="MathAbs(Signal-macd)" within "macd-fast-period". Example: if we have macd(12,27,7), than in this case the max_diff is the maximal MathAbs(difference) which apperaed within the last 12 bars.


The color of this new line can be choosen like it is possible with the signal line.

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20 - 30 USD
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from 1 to 2 day(s)