MACD price projection line

[Apprentice]

Based on request.
viewtopic.php?f=27&t=67265

MACD price projection line.lua

(7.04 KiB) Downloaded 563 times

MACD price projection line Only.lua

(5.72 KiB) Downloaded 514 times

[fortcentral]

Dear Apprentice,
Thank you so much for the quick turnaround on this indicator request! The programmed indicator was not matching my manually calculated line and upon checking it seemed to be missing two sets of brackets in the final trendline formula (line 189 of code) outlined below:
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--> (SIGNAL[period]-((1-k["SN"])*internal["SN"][period])+((1-k["LN"])*internal["LN"][period]))

Once put in, the indicator is working great!

I was wondering if there was an easy way to turn-off the MACD signal line and histogram display panel at the bottom and just display the MACD price projection line display on a price chart? This would help declutter the screen with one less indicator panel, when just the projection line display is required.

Regards,
Fortcentral

[Apprentice]

So,
Projection[period+1]=(SIGNAL[period]-((1-k["SN"])*internal["SN"][period])+((1-k["LN"])*internal["LN"][period]))/(k["SN"]-k["LN"]);

we will be used?

[fortcentral]

Yes, correct! Thank you for the update - it is working great now. Really appreciate your help with this indicator.