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MACDVar% by Leon Wilson
The following formula allows the MACD% indicator to have the moving average
parameters adjusted. The formula also allows for the placement of a trend separation line in order to help with trending and non trending analysis.


MACDVar% by Leon Wilson

ST:=Input("Short Term M.A.",3,55,12);
LT:=Input("Long Term M.A.",12,125,26);
Trigger:=Input("Trigger Line",1,21,9);
Trend:=Input("Trending Activity",-10,10,0);

Value:=((Mov(CLOSE,ST,E)-Mov(CLOSE,LT,E))/Mov(CLOSE,LT,E))*100;

Value;
Mov(Value,Trigger,E);
Trend;
0;



MACDVar

 

Source / From: TOP
http://www.wilsontechstats.com/software/MMAConstruction.htm
(Website unfortunately no longer exists)
 

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