Moving Average Convergence/Divergence

Calculation

where:

"FastLength" is the number of chart points used in fast EMA (Exponential Moving Average) when computing "MACD"
"SlowLength" is the number of chart points used in slow EMA (Exponential Moving Average) when computing "MACD"
"MACDLength" is the number of chart points used in EMA (Exponential Moving Average) when computing MACDAvg

From "Indicator Properties" you can change the settings for indicator:



This dialog has 4 sections: "MACD", "MACDAvg", "MACDDiff" and "Zero Line" from where you can set line thickness, color and style for these components. You can also change "Fast Length", "Slow Length" which are used in "MACD" and "MACD Length" used when the MACDAvg is calculated.

Moving Average Convergence-Divergence indicator on ESZ07 chart

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