• Overview
  • Reviews
  • Comments (1)

MACD Double

This indicator calculates buy and sell signals by using MACD indicator on two timeframes.
MACD is a trend-following showing the relationship between two moving averages of the closing price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA.The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line".

This indicator has 2 modes to calculate the buy/sell signals:
- MACD crosses 0 line
- MACD crosses Signal line

Screenshot shows an example for each mode
Recommended products
No reviews