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MACD-V Volatility normalised Momentum

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=73934
Forum: 17 · Topic 73934 · 6 post(s)


MACD-V Volatility normalised Momentum

Apprentice · Fri Jul 14, 2023 11:43 am

EURUSD H1 (07-14-2023 1842).png

In the annual publication of the IFTA, year 2023, there is an interesting study by Alexandros Spiroglou (page 70-91) that solves some problems of the classic MACD through the modification of the formula with the use of the volatility of the asset under analysis. The main problems of the classic MACD are measurements over time, measurements in different markets, non-scalable momentum readings, signal line accuracy and timing. The proposed change is to divide the difference of the two ema, short minus long, by the ATR and multiply everything by one hundred.

MACD-V Volatility normalised Momentum.lua

MT4 version. https://fxcodebase.com/code/viewtopic.php?f=38&t=74070


Re: MACD-V Volatility normalised Momentum

swordfish304 · Sat Jul 15, 2023 10:18 am

Hi Apprentice,

Is it possible to convert it to MT4.

Thanks a lot.


Re: MACD-V Volatility normalised Momentum

swnlobo · Sun Jul 16, 2023 2:00 am

Hi,

Can this indicator be adapted for my tick chart?

Thanks in advance S.


Re: MACD-V Volatility normalised Momentum

Apprentice · Thu Jul 20, 2023 2:10 pm

We have added your request to the development list. Development reference 627.


Re: MACD-V Volatility normalised Momentum

Apprentice · Thu Jul 20, 2023 2:48 pm

XAGUSD D1 (07-20-2023 2148).png

TATR.lua https://fxcodebase.com/code/viewtopic.php?f=17&t=34094

Tick MACD-V Volatility normalised Momentum.lua


Re: MACD-V Volatility normalised Momentum

Apprentice · Fri Aug 25, 2023 2:08 am

MT4 version. https://fxcodebase.com/code/viewtopic.php?f=38&t=74070