Keyword Description
Moving Average Convergence/Divergence
Class
Indicator
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
l |
l |
l |
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Syntax
MACD[p,n1,n2]
Where p is the price (O,H,L,C), n1 is the length of the slow average and n2 is the length of the fast average.
Example
Sample code
COL2 = MACD [CLOSE, 90, 15]
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The MACD is the difference between two exponential moving averages: A long or "slow" average and a short or "fast" average. As prices begin to trend, the difference between the two averages will increase, and as prices consolidate, the difference between the two averages will diminish. |
