Colored MACD Optimized
- Indicatori
- Riche Graig Daketingue Ndombi
- Versione: 1.0
- Attivazioni: 7
Optimized version of colored MACD indicator
MACD (Moving Average Convergence/Divergence) is a popular trading indicator used in technical analysis of securities prices. It is designed to identify strength, direction, momentum, and trend duration.
Default values:
12,26,9
MA Type: Exponential
Values i use:
8,21,5
MA Type: simple
Feel free to use what is work for you.
Trading interpretation:
MACD is positive when the histogram value is increasing, then upside momentum is increasing.
MACD is negative when the histogram value is decreasing, then downside momentum is increasing.
