MACD using Simple Moving Avg

[josephkim888]

Hi,

How can I use Simple Moving Avg in macd function?
It uses WMA by default.

For Example, if I add a macd study in the chart there's an
option to choose SMA in the edit chart screen.

But when I try to make EFS program I don't know how to
change it to SMA instead of WMA.

Thanks.

[ACM]

Re: MACD using Simple Moving Avg

josephkim888
Actually the macd() and related macdSignal() and macdHist() functions use an EMA and not a WMA to calculate the oscillator and a SMA to calculate the signal line. That said they do not have an option to calculate the oscillator using a SMA.
Your options are to either use the legacy MACDStudy() function [as an example see the basicMACD.efs available here] or to create your own function to calculate the oscillator.
Alex

Originally posted by josephkim888
Hi,

How can I use Simple Moving Avg in macd function?
It uses WMA by default.

For Example, if I add a macd study in the chart there's an
option to choose SMA in the edit chart screen.

But when I try to make EFS program I don't know how to
change it to SMA instead of WMA.

Thanks.