Moving average histogram

[BelgianJ]

Hello,

I'm trying to put together a simple study. It's a histogram depicting the price fluctuations between a 5 EMA and a 35 EMA on any given chart. The result would appear as a histogram in a subchart window.

The formula is simple -

Data = Mov(Close, 5) – Mov(Close, 35)

for each bar.

Can it be done in the formula wizard?

[ACM]

Re: Moving average histogram

BelgianJ
You can very easily do that with the Formula Wizard using the Oscillator Study and setting the fast and slow lengths to 5 and 35 respectively and the "Exponential" option to true
Alex

Originally posted by BelgianJ
Hello,

I'm trying to put together a simple study. It's a histogram depicting the price fluctuations between a 5 EMA and a 35 EMA on any given chart. The result would appear as a histogram in a subchart window.

The formula is simple -

Data = Mov(Close, 5) – Mov(Close, 35)

for each bar.

Can it be done in the formula wizard?

[BelgianJ]

Easily done...

Hi Alexis,

Thank you for your response. I still have to learn to navigate the formula wizard.

I was able to achieve my goal by using the editor and editing the basic MACD formula and changing the parameters to 5 and 35.

Thanks for your help.

- Jeremy

[ACM]

Re: Easily done...

Jeremy
If you are unfamiliar with using the Formula Wizard you may want to review this article in the EFS KnowledgeBase
Alex

Originally posted by BelgianJ
Hi Alexis,
Thank you for your response. I still have to learn to navigate the formula wizard.
I was able to achieve my goal by using the editor and editing the basic MACD formula and changing the parameters to 5 and 35.
Thanks for your help.
- Jeremy