Diff in MACD Values

[Guest]

MACD Histogram Values obtainted from Basic Studies and from
Helper---MACDcolors.efs differs. Parameteres 12,26,9,C are same in both
the MACD studies. Request your help for reasons of difference.

[ACM]

Re: Diff in MACD Values

rjtilani
The MACD functions used in the MACD Color formula use only exponential averages to calculate the MACD and Signal lines while the Basic Studies MACD allows using either exponential or simple and you may have the latter set to use simple moving averages
Alex

Originally posted by rjtilani
MACD Histogram Values obtainted from Basic Studies and from
Helper---MACDcolors.efs differs. Parameteres 12,26,9,C are same in both
the MACD studies. Request your help for reasons of difference.