[EquisMetaStock Group] Weekly MACD histogram

["Alan Davidson" <alan_davidson22@xxxxxxxxxxx>]

I found the following formulas for daily and weekly MACD:

Daily:
( Mov( {start}C{end},12,E ) - Mov( C,26,E ) ) - Mov( ( Mov( C,12,E ) -
 Mov( C,26,E ) ),9,E )

Weekly:
Mov({start}If(DayOfWeek()=5,C,Peak(1,If(DayOfWeek()=5,C,0),1))
{end},60,E)-
Mov(If(DayOfWeek()=5,C,Peak(1,If(DayOfWeek()=5,C,0),1)),130,E)-
Mov(Mov(If(DayOfWeek()=5,C,Peak(1,If(DayOfWeek()=5,C,0),1)),60,E)-
Mov(If(DayOfWeek()=5,C,Peak(1,If(DayOfWeek()=5,C,0),1)),130,E),45,E)

As a newbie, I'd be grateful if someone could help me to understand 
the bit of the weekly formula between the {start} and {end} 
comments.  

I know that this will correspond to the "C" between {start} and {end} 
in the daily formula.

I understand what "Peak" does.

I don't understand what "DayOfWeek" is doing.

Regards,
Alan






 
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