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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Bill Williams AO / MACD

Bill Williams AO / MACD Rate this Topic:
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kpnicholson
Posted : Monday, May 28, 2007 1:24:29 PM
Registered User
Joined: 11/1/2005
Posts: 78
 Hello,

I have worked a lot with Bruce and some with Craig on Bill Williams indicators... All BW Indicators are working exactly as how BW's book describe the indicators...

However, My Question to you two...

The AO is a little different then the MACD(5,24,5)... Are there different Parameters for the MACD to make the indicator work exactly the same as the BW AO... I just have notices that in my Worden account I have the MACD set for (5,34,5) and Blocks Player set for the AO... They just do not match up exactly... Can the MACD be set the same as the AO with the correct Parameters...?

Thanks,
Keith
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Bruce_L
Posted : Tuesday, May 29, 2007 11:03:23 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 It is not possible to replicate Bill Williams' AO using MACD in TeleChart, because the MACD is based on Closing Prices while AO is based on the mid-point of range. You may wish to review the following:

Profitunity AO and AC
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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