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william.boote
Posted : Thursday, November 8, 2018 10:59:02 AM
Registered User
Joined: 2/19/2011
Posts: 33

I found a somewhat dated formula for the "MACD 5 - 34 pointing up" as followes:

C > ((1.1724*C)  -  (0.1724*C4)) . The forluma works fine as stated.

Can you help me explain the significance or meaning of the constants "1.1724" and "01724"  that are used?

 

Thanks

WPB
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