MACD TrendMA – indicator is a trading system developed based on the popular among many traders MACD indicator based on the change in the inclination angle (trend) of moving averages, the ratio between them (convergence / divergence) measures. Signal to input / output market is colored in accordance with the trend of the edge bars and histogram color MACD TrendMA, which can optionally be set up in the indicator window properties – Change the angle of the main window of the current chart Quick Fast Moving Average or slow Slow Moving Average sliding selectively or both moving averages together.
- Fast Moving Average – a period of rapid average;
- Slow Moving Average – period of slow medium;
- MA method – averaging moving average method (simple averaging, exponential, smoothed and linearly weighted);
- Apply to – type of prices moving average (closing price, opening price, the maximum price for the period, minimum price for the period, median, and the typical average);
- Signal Line – period of the signal lines;
- Color Bars (Trend MA) – setting changes the color of the indicator bar when the angle of inclination fast Fast Moving Average or slow Slow Moving Average Moving selectively or both moving together.
More functional development indicators: MACD Message and MACD Converter.
Good luck trading!
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