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Tag Archive 'MACD'

HLC MACD

Here’s a MACD with a few subtle changes: 1) The price data used is (H+L+C)/3 rather than the close. I find this makes a subtle improvement in the display of divergences. 2) You can plot a second long time frame MACD line on the same chart (hidden by default). 3) The histogram bars are colored [...]

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