type: Oscillator
The Gekko Moving Average Convergence/Divergence index (MACD) is a modified version of the famous MACD indicator. The indicator combines the standard MACD indicator with various calculations of entry signals and notification of a potential entry point.
- fast MA phase – the phase of the fast moving average of the MACD indicator (default 12);
- Slow MA phase – – period of the slow moving average of the MACD indicator (default 26);
- Signal Average Offset Period – the period of averaging the MACD signal;
- way of calculating the input signal (swing):
- 1-Generates input / signals for swing trading based on the intersection of a fast and slow moving line;
- 2-Generates input/output signals for swing trading based on the trend change on the histogram (delta of the fast and slow moving average);
- 3-Generates input / output signals for swing trading based on the averaged signal and the MACD intersection;
- Histogram Trend Bars To Confirm – if the calculation method “2” is selected, this parameter specifies the required number of bars to confirm the trend change;
- Applied Price – the price used for calculations: maximum, minimum, open, close, etc.
- Show Moving Averages On Main Chart – if set to true, the fast and slow moving averages will be shown on the chart;
- Write Logs On Terminal Window – if set to true, the indicator will add entries about swing signals to the Expert Log;
- Send Mobile Push Notifications – if set to true, push notifications about signals will be sent to your smartphone;
- Send E-Mail Alerts – if the value is true, you will receive notifications by e-mail.To do this,you need to configure the terminal.
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- 1-Generates input / signals for swing trading based on the intersection of a fast and slow moving line;
- 2-Generates input/output signals for swing trading based on the trend change on the histogram (delta of the fast and slow moving average);
- 3-Generates input / output signals for swing trading based on the averaged signal and the MACD intersection;
Successful trading!
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