|
PureBytes Links
Trading Reference Links
|
a usefull indicator that is a derivative of MACD:
MACD HISTOGRAM FORMULA:
(MACD())-Mov(MACD(),9,E)
using style:histogram ( looks like a sine wave)
line thickness:the widest (in green)
zero line:add @ "0" (in red)
i use it to watch out for divergences between price peaks & it's own
peaks.
(John Murphey uses it quite a bit)
mike
|