MAMA convergence divergence

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MAMA convergence divergence

Postby Apprentice » Thu Dec 22, 2016 12:49 pm

EURUSD H1 (12-22-2016 1803).png

MAMA convergence divergence.lua
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MAMA is available here.
viewtopic.php?f=17&t=23283&p=40098&hilit=MAMA.lua#p40098

The indicator was revised and updated
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Apprentice
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Re: MAMA convergence divergence

Postby DAXonly » Sun Dec 25, 2016 5:59 am

Thanks a lot for this quick development :-)
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Re: MAMA convergence divergence

Postby DAXonly » Sun Dec 25, 2016 6:19 am

However you introduced a "period" in this indicator which (apparently) doesn't exist in the mama.lua I have implemented long time ago: could you tell me which "standard period" is hidden in mama.lua
I thank you in advance
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Re: MAMA convergence divergence

Postby Apprentice » Sun Dec 25, 2016 6:25 am

MAMACD is difference between two MAMA lines
Signal line is SMA/MVA of MACD
Histogram is MAMACD Signal line difference

Period is used in Signal line calculation.
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Re: MAMA convergence divergence

Postby DAXonly » Sun Dec 25, 2016 7:09 am

Well... could you explain which "idea" is behind this indicator - because I don't understand it clearly.
Furthermore could you just add mama and fama lines to the list of moving averages available in your MA_difference.lua ?
Thanks
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Re: MAMA convergence divergence

Postby DAXonly » Fri Dec 30, 2016 5:02 am

Hi Apprentice,
Coud you please give me some news...
Thanks in advance :-)
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Re: MAMA convergence divergence

Postby Apprentice » Fri Dec 30, 2016 5:10 am

MAMACD is difference between two MAMA lines, this was requested.
As a bonus, I have introduced a moving average of such differences,
Similar to MACD.
For the moving average, I use period.
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