Moving Average Convergence Divergence (MACD) - Custom Periods

Category: momentum, trend

A trend-following momentum indicator that shows the relationship between two moving averages of a security’s price.

Formula

\nmacd = EMA(close, 2) - EMA(close, 3)\nsignal = EMA(macd, 2)\nhist = macd - signal\n

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