How can I code this MACD indicator?
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How can I code this as following condition:
image attached
https://prnt.sc/ue51uhMACD indicator:
(a) Lower (b) Higher (c) Low (d) HighNote: calculation start from lower then macd will be higher the low price will close below Lower then again price will close Higher.
your help is highly appreciated.
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@mak It is not a trivial project to do. My first recommendation is finding a custom indicator doing that. Trying to do it directly on fxDreema can be painful because you will need a long list of criteria defining what is 'lower low' and 'higher high' over dynamic periods of time.
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@l-andorrà said in How can I code this MACD indicator?:
@mak It is not a trivial project to do. My first recommendation is finding a custom indicator doing that. Trying to do it directly on fxDreema can be painful because you will need a long list of criteria defining what is 'lower low' and 'higher high' over dynamic periods of time.
Is the MACD Divergence block in Various Signals, in FXDreema a similar intended use? Similar to what he is looking for? @l-andorrà
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@jsauter86 I'm not completely sure but I guess it isn't. I remember having read in an old thread replied by the admin that what that block does is just identifiying an 'initial' and a 'final' value for the MACD that are then compared to price values. Thisd means what happens 'in between' is mostly itgnored. Never used that block, though.