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Making MACD more sensitive Rate this Topic:
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jcarlstrom
Posted : Monday, February 22, 2016 10:15:45 AM
Registered User
Joined: 12/25/2014
Posts: 9

Is there a way to change the parameters in the calcualation of MACD?  I would like to make it more sensitive.  The default is 12 26 but I would like to make it 8 17.  I don't see a way to do that with the current library conditions.  

 

If not then I would need to calculate my own EMA 9 which is kind of a pain.  Any ideas?

John

Bruce_L
Posted : Wednesday, February 24, 2016 12:01:30 PM


Worden Trainer

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

You can click on the name of the indicator at the top of the pane in which it is plotted and select Edit to change the settings of an indicator.

How to edit an Indicator



-Bruce
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jcarlstrom
Posted : Wednesday, February 24, 2016 4:28:01 PM
Registered User
Joined: 12/25/2014
Posts: 9

Thanks Bruce. 

First, I wanted to put it into a condition statement and not just change the indicator.  I had already done that.  Secondly, I found something in a previous post that gave me an idea and it worked.  Sorry for the initial post.  I should have done some more digging.

Bruce_L
Posted : Wednesday, February 24, 2016 4:31:28 PM


Worden Trainer

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

I am happy to read you were able to figure it out on your own. For anybody else following this topic, you can click on the indicator once it is edited and select Create Scan Condition to create conditions based on the new settings.

Create Conditions from Your Chart (5:25)



-Bruce
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