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  • MACD Forest

    Hello,

    I am looking for the efs of the MACD Forest.
    Does anyone have this efs. I coulnt find it.

    Thanks

  • #2
    Sorry,

    the MACD Forest is the histogramm of the MACD indicator.

    Tomcat

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    • #3
      Tomcat
      If you want to plot only the histogram then open the builtinMACD.efs that is in the Builtins folder and replace the return line
      return new Array (vMACD.getValue(MACDStudy.HIST), vMACD.getValue(MACDStudy.MACD), vMACD.getValue(MACDStudy.SIGNAL));
      with the following
      return (vMACD.getValue(MACDStudy.HIST));
      Alex

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      • #4
        I wanted to create the macd with ema´s in the formular wizard. But it is not possible to choose the macdstudy with ema´s instead of ma´s.

        Formel MACD und Histogramm

        Ema1(t) = Ema(x)(Close)
        EMa2(t) = Ema(y)(Close)
        MACD(t) = Ema1(t) – Ema2(t)
        Trigger(t) = Ema(z)(MACD)

        MACDHist(t) = MACD(t) – Trigger(t)

        x = kurze Berechnungsperiode (short period)
        y = lange Berechnungsperiode (long period)
        z = Berechnungsperiode Signallinie


        Tomcat

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        • #5
          Tomcat
          You do not need to create your own. There is an option in the Formula Wizard to use exponential moving averages for both the MACD and the Signal line (set both to False)
          Alex

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