MACD AFL without signal period

#1
Hello Fellow Traders,

I need a help regarding MACD afl. Normal MACD afl come with default period i.e. (26, 12, 9). But, I want an afl with only slow and fast period i.e. (26,12). Additionally, I also want another another MACD i.e. (30,25) as an overlay with different color. And I want this in the form of indicator. Basically, the MACD afl should create a new indicator with different MACD slow & fast period in different colors. Please could someone help me out with an afl or give me some idea how to develop it?

Thanks :thumb:
 

XRAY27

Well-Known Member
#2
Hello Fellow Traders,

I need a help regarding MACD afl. Normal MACD afl come with default period i.e. (26, 12, 9). But, I want an afl with only slow and fast period i.e. (26,12). Additionally, I also want another another MACD i.e. (30,25) as an overlay with different color. And I want this in the form of indicator. Basically, the MACD afl should create a new indicator with different MACD slow & fast period in different colors. Please could someone help me out with an afl or give me some idea how to develop it?

Thanks :thumb:
Good post ...............waiting from seniors
 
#5
goto the ami given macd script, remove r3 ("Signal avg"), remove "signal" plot, remove "MACD Histogram" plot.
Thanks, I tried with MACD as you suggested. It worked, but not they way what I expected. But, as MACD is the difference in EMA, I managed an AFL using EMA. And this is my first own AFL :clap:
 

mastermind007

Well-Known Member
#8
Hello Fellow Traders,

I need a help regarding MACD afl. Normal MACD afl come with default period i.e. (26, 12, 9). But, I want an afl with only slow and fast period i.e. (26,12). Additionally, I also want another another MACD i.e. (30,25) as an overlay with different color. And I want this in the form of indicator. Basically, the MACD afl should create a new indicator with different MACD slow & fast period in different colors. Please could someone help me out with an afl or give me some idea how to develop it?

Thanks :thumb:
ebutu555

If you do not know what MACD is, what is the idea about merging 2 MACDs?

Anyways, Here is the code you want.
Code:
Plot( MACD(12, 26), "MACD1", ParamColor("MACD1 color", colorRed ), ParamStyle("MACD1 style") );

Plot( MACD(25, 30), "MACD2", ParamColor("MACD2 color", colorBlue ), ParamStyle("MACD2 style") );
Enjoy your spaghetti.
 

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