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

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john263
Posted : Saturday, May 23, 2009 2:38:42 AM
Registered User
Joined: 10/7/2004
Posts: 26
 Please make a pcf for MACD (12,12,9) using exponential moving averages. Thank you
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Bruce_L
Posted : Saturday, May 23, 2009 7:36:24 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 One way to write the formula for the raw Exponential MACD 12, 26 would be:

XAVGC12 - XAVGC26

One way to write the formula for the Exponential MACD 12, 26, 9 Signal Line would be:

XAVG(XAVGC12, 9) - XAVG(XAVGC26,9)

One way to write the formula for the Exponential MACD 12,26,9 Histogram would be:

XAVGC12 - XAVGC26 - XAVG(XAVGC12, 9) + XAVG(XAVGC26,9)

You may wish to review the following:

Understanding MACD
How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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