MACD Classic (3-Line)

Category: momentum, trend

A classic implementation of the Moving Average Convergence Divergence (MACD) that renders the MACD line, Signal line, and the histogram as 3 distinct visual components.

Formula

MACD = EMA(Close, Fast) - EMA(Close, Slow) \nSignal = EMA(MACD, SignalPeriod) \nHistogram = MACD - Signal

Inputs

• InpFastEMA (default: 12)
• InpSlowEMA (default: 26)
• InpSignalSMA (default: 9)
• InpAppliedPrice (default: PRICE_CLOSE)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.