MACD of ATR oscillator

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MACD of ATR oscillator

Postby Alexander.Gettinger » Mon Nov 07, 2011 10:58 am

This indicator is the MACD which, instead of two MA uses 2 ATR.

Formulas:
MACD=ATR(Short period)-ATR(Long period),
Signal=MA(MACD),
Histogram=MACD-Signal.

MACDofATR.png


Download:
MACD_Of_ATR.lua
(4.88 KiB) Downloaded 785 times


For this indicator must be installed AVERAGES indicator (viewtopic.php?f=17&t=2430).

The indicator was revised and updated
Alexander.Gettinger
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Location: Russia, Omsk



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