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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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Published

27 July 2016

Updated

10 October 2020

Current Version

1.13

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andreas73 January 12, 2021 7:20 pm
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Nice and Tidy. Everything is working as it is supposed to.