Normalized MACD - of averages - indicator for MetaTrader 5




Normalized MACD - of averages - indicator for MetaTrader 5


Theory :

MACD is, by definition calculated as a difference of fast and slow EMA (Exponential Moving Average). This versions allows you to :

  • use one of the 4 basic types of averages for calculation :
    • simple moving average
    • exponential moving average
    • smoothed moving average
    • linear weighted moving average
  • it is normalizing those macd values to -1 to +1 range

Usage :

You cans use color changes as signals





Download Normalized MACD - of averages - indicator for MetaTrader 5




Related News




Latest News
U.S. Supreme Court to mull time limits on military rape claims
15.11.2019 20:18
By Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to consider whether military personnel can be prosecuted for rape long after the crime occurred in an appeal by President Donald Trump's administration of a lower court ruling that overturned the rape conviction of an Air Force captain. The justices will hear the
Read more
Trump asks Supreme Court to block disclosure of financial records to Congress
15.11.2019 20:15
WASHINGTON (Reuters) - President Donald Trump on Friday asked the U.S. Supreme Court to block a ruling that would require an accounting firm to hand over his financial records to a Democratic-led U.S. House of Representatives committee, one of his lawyers said. Trump turned to the high court after the U.S. Court of Appeals for the District of
Read more
California, other U.S. states sue to block EPA from revoking state emissions authority
15.11.2019 20:12
By David Shepardson WASHINGTON (Reuters) - California and 22 other U.S. states filed suit on Friday to challenge the Trump administration's decision to revoke California's authority to set stiff vehicle tailpipe emissions rules and require a rising number of zero emission vehicles (ZEV). The lawsuit, filed in the U.S. Court of Appeals
Read more
U.S. Supreme Court to hear Google bid to end Oracle copyright suit
15.11.2019 20:09
By Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to hear Google's bid to escape Oracle (NYSE:ORCL) Corp's multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world's smartphones. Google has appealed a lower court
Read more
Alphabet features self-driving garbage cans, apartment noise monitors in Toronto smart city project
15.11.2019 20:06
By Moira Warburton TORONTO (Reuters) - Alphabet's (O:GOOGL) Sidewalk Labs has provided more details on the technology it intends to use to develop a futuristic smart city in Toronto, which includes self-driving garbage cans and infra-red sensors to track foot traffic in stores, a document released by the company on Friday said. Sidewalk,
Read more