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Relative MACD

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=65466
Forum: 38 · Topic 65466 · 1 post(s)


Relative MACD

Apprentice · Tue Dec 19, 2017 4:56 am

Relative_MACD.png

LUA Original: viewtopic.php?f=17&t=3203

Description:

In this MT4 version of the LUA Original “Relative MACD” there is also a background color for each side of the zero line.

The indicator consists of:

MACD in % MACD: (short EMA - long MA) / ( long MA /100)

This indicator has the option to display the MACD lines in the percentage.

Relative_MACD.mq4