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Moving Average Convergence/Divergence with Exponential Moving Average
This Indicator contains macd.macd signal and ema
MACD Moving Average Convergence/Divergence
SYNTAX Macd( ARRAY signalperiod)
MACD returns the Moving Average Convergence Divergence indicator. MACD is a momentum oscillator, yet its primary use is to trade trends. MACD has two lines, one called MACD line or fast line and the other MACD signal or slow line. Differents interpretation can be made using MACD.
EXAMPLEMacd(15).
MACDSIGNAL
SYNTAX MacdSignal( ARRAY close, ARRAY signalperiod) , EXAMPLE MacdSignal(close, 15)
EMA Exponential Moving Average
SYNTAX Ema( ARRAY close, ARRAY timeperiod)
In a Simple Moving Average, each value in the time period carries equal weight, and values outside of the time period are not included in the average. However, the Exponential Moving Average is a cumulative calculation, including all data. Past values have a diminishing contribution to the average, while more recent values have a greater contribution. This method allows the moving average to be more responsive to changes in the data.
EXAMPLE Ema(close, 14).
