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moving average of MACD Histogram?

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  • moving average of MACD Histogram?

    I have E-Signal Pro.

    Does anyone know how I can plot a 5 period simple moving average of my MACD histogram?

    In other words, I would like to have an indicator on top of an indicator.

    Thank You

  • #2
    Clockwork
    You need to program that in efs as a study on study.
    Alex

    Comment


    • #3
      Originally posted by Alexis C. Montenegro
      Clockwork
      You need to program that in efs as a study on study.
      Alex
      Thank you for the response.

      I am not familiar with how to do that.

      Can someone tell me "exactly" how to program this?

      Or

      Tell me how I go about learning how to do it?


      Thank You

      Comment


      • #4
        Clockwork
        If you are unfamiliar with programming in EFS (eSignal Formula Script) and are interested in learning then you may want read through the Tutorials and Help Guides available in the EFS KnowledgeBase. If you would also like to learn more about JavaScript, which is the basis for EFS, then you may want to view the Core JavaScript Video Series.
        In the specific case of the indicator you want to create that can be written with relative ease using the study on study feature of the Formula Wizard. For more information on this see the Formula Wizard Guide in the EFS KnowledgeBase and specifically the Study on study (MA of RSI) link at the end of the Formula Wizard Guide.
        In the image enclosed below you can see an example of how the study would be set up in the Formula Wizard
        Alex

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