diferents plots

[jaimeog]

hi

Could you please tell me why this formula plots diferent then the
default macd study on esignal with the same parameters?

myStudyValue_240 = macd( 12, 26, 9 , inv(240));
myStudySignal_240 = macdSignal( 12, 26, 9 , inv(240));

vValue_240 = myStudyValue_240.getValue(0);
vSignal_240 = myStudySignal_240.getValue(0);

if (getInterval() == 240) return new Array(vValue_240, vSignal_240);

thanks

Jaime

[ACM]

Jaime
Probably because you have the default MACD study set to use the simple moving average for either the oscillator or the signal line while the efs2 version (which is what you posted) uses only exponential averages for both the oscillator and the signal line.
Alex