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MAMA convergence divergence
Posted:
Thu Dec 22, 2016 12:49 pm
by Apprentice
MAMA is available here.
viewtopic.php?f=17&t=23283&p=40098&hilit=MAMA.lua#p40098The indicator was revised and updated
Re: MAMA convergence divergence
Posted:
Sun Dec 25, 2016 5:59 am
by DAXonly
Thanks a lot for this quick development
Re: MAMA convergence divergence
Posted:
Sun Dec 25, 2016 6:19 am
by DAXonly
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
Laurent
Re: MAMA convergence divergence
Posted:
Sun Dec 25, 2016 6:25 am
by Apprentice
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.
Re: MAMA convergence divergence
Posted:
Sun Dec 25, 2016 7:09 am
by DAXonly
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
Laurent
Re: MAMA convergence divergence
Posted:
Fri Dec 30, 2016 5:02 am
by DAXonly
Hi Apprentice,
Coud you please give me some news...
Thanks in advance
Laurent
Re: MAMA convergence divergence
Posted:
Fri Dec 30, 2016 5:10 am
by Apprentice
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.