Re: [amibroker] MACD that uses SMAs

["Howard B" <howardbandy@xxxxxxxxx>]

Hi AD --

Here is afl code that computes the MACD --
first using exponential moving averages,
then using simple moving averages.

Change the 12, 26, and 9 to be whatever
you want them to be.

One of the reasons for using exponential moving averages
instead of simple moving averages is to reduce the lag. 

------------------------------------------

// MACDExplanation.afl
//

Price = C;

// Traditional method of computing MACD using
// exponential moving averages
EMA1 = EMA(Price,12);
EMA2 = EMA(Price,26);

EDiff = EMA1-EMA2;
ESignal = EMA(EDiff,9);

// Using simple moving averages instead
SMA1 = MA(Price,12);
SMA2 = MA(Price,26);

SDiff = SMA1-SMA2;
SSignal = MA(SDiff,9);

Plot(C,"C",colorBlack,styleCandle);

Plot(EDiff,"EDiff",colorRed,styleLine|styleLeftAxisScale);
Plot(ESignal,"ESignal",colorBlack,styleLine|styleLeftAxisScale);

Plot(SDiff,"SDiff",colorPink,styleLine|styleLeftAxisScale);
Plot(SSignal,"SSignal",colorBrown,styleLine|styleLeftAxisScale);

Plot(0,"",colorBlack,styleLine|styleLeftAxisScale);

---------------------------

Thanks,
Howard
www.quantitativetradingsystems.com

On 9/30/07, ad198500328 <ad198500328@xxxxxxxxx> wrote:

Hello,

i am trying to figure out the amibroker language but it is tough to
say the least. Could someone give me the code to make an MACD
(3,10,16) that uses SMAs instead of EMAs?

Thanks

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