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Thanks to all for very fast replies. Yes, my stuff was okay, it's the
MACD Diff that's the histogram.
Someone's got his MACDs in a twist.
Thanks guys!
Ian
> Okay, guys this dumb but it's causing probs...
>
> I've probably been fiddling with the default (Omega) MACD code a bit
> too much and think I've lost the, er, plot...
>
> It has three plots - MACD, MACD Avg and MACD Diff.
>
> The settings are such that the MACD Diff is plotted as a histogram.
> Is that correct? Is that the norm?
>
> I ask because two books which refer to the MACD say it's constructed
> in such-and-such a way and then show the MACD plot. They get to the
> other two parameters afterwards. A while ago, a friend asked if I
> could change the code so it only plotted the histogram and when I
> look at the code now I see that it's the MACD DIff that's been
> plotted.
>
> Someone has sent me some charts where the histogram is the actual
> MACD signal so obviously our plots and interpretation are different.
>
> I'd appreciate some clarification.
>
> Thanks.
>
> Ian
>
>
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