that this index combines two oscillators, that this MACD and this Stochastic.
all their oscillators impacts the last appearance of the index.
a significant difference in the standard MACD and Stochastic is the limit of the maximum and minimum values of the indicator at the levels of 100% and -100%.
In most cases, the trend change stage is near the levels of ±30%.
In most cases, the trend change stage is near the levels of ±30%.
changing the colour of the histogram while reaching the level of ±30% indicates a possible entry to the marketplace.
The basic setting of the indicator is like the setting of the standard MACD and Stochastic.
- Indicator_Style – the appearance of the indicator. It can be in the form of a histogram (=HISTOGRAM) and in the form of lines (=LINE).
- Color_Change-setting the moment when the indicator color changes. By default, the color changes when it intersects with the signal line.