Category

Indicator Functions

Description

MACD Signal Line

Syntax

MACDS(len1, len2, len3)

Parameters

len1 - formula specifying a number of bars

len2 - formula specifying a number of bars

len3 - formula specifying a number of bars

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).

 

 

 

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