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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » MACD 2 Line Indicator

MACD 2 Line Indicator Rate this Topic:
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driscoll102911
Posted : Wednesday, September 23, 2015 9:16:53 PM
Registered User
Joined: 1/15/2012
Posts: 21

Bruce-

 

I am trying to build the 2 line MACD indicator using a Fast Length: 3 Slow Length:10 Macd Length: 16 Average Type: simple.  I was trying to copy the one used by a guy I follow that uses TOS (think or swin) and they dont match up by changing the setting on the one provided by tc2000.  Can you help?

thanks! 
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Bruce_L
Posted : Thursday, September 24, 2015 9:55:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

MACDs are almost always exponential. If that is not the case for the TOS version, try to find out if the both the MACD and the signal line are simple or if one is simple and the other is exponential. Then make sure the MACD and moving average in TC2000 both match the settings from TOS as these adjustments would be made independently in TC2000 v12.


-Bruce
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