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Category
Indicator Functions
Description
MACD Signal Line
Syntax
MACDS(len1, len2, len3)
Parameters
len1 - bar count formula
len2 - bar count formula
len3 - bar count formula
Notes
MACDS is the difference between MACD and its moving average.
This is also know as the "signal line".
It is calculated as MACD(len1,len2) - EMA(MACD(len1,len2),len3).
This indicator supports ultra-fast one-pass calculation when given its own Data Section item.
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