Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=73934
Forum: 17 · Topic 73934 · 6 post(s)
Apprentice · Fri Jul 14, 2023 11:43 am

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
swordfish304 · Sat Jul 15, 2023 10:18 am
Hi Apprentice,
Is it possible to convert it to MT4.
Thanks a lot.
swnlobo · Sun Jul 16, 2023 2:00 am
Hi,
Can this indicator be adapted for my tick chart?
Thanks in advance S.
Apprentice · Thu Jul 20, 2023 2:10 pm
We have added your request to the development list. Development reference 627.
Apprentice · Thu Jul 20, 2023 2:48 pm

TATR.lua https://fxcodebase.com/code/viewtopic.php?f=17&t=34094
Tick MACD-V Volatility normalised Momentum.lua
Apprentice · Fri Aug 25, 2023 2:08 am
MT4 version. https://fxcodebase.com/code/viewtopic.php?f=38&t=74070