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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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