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MACD Moving Average Lines Composite Indicator

MACD Moving Average Lines Composite Indicator
MACD Moving Average Lines Composite Indicator



//www.aflcode.com
_SECTION_BEGIN("Macd time frame");

TimeFrameSet( inDaily);
LongTermEMA = EMA(Close, 10);
TimeFrameRestore( );

TimeFrameSet( inHourly) ;
MediumTermEMA = EMA(Close, 10);
TimeFrameRestore( );

fMACD = MACD(6,19);
fSignal = Signal(6,19, 9);

Buy = Cross(fMACD, fSignal);
Sell = Cross(fSignal, fMACD);

//Plot(TimeFrameExpand(LongTermEMA, inDaily), "Daily EMA", colorRed);
//Plot(TimeFrameExpand(MediumTermEMA, inHourly), "\nHourly EMA", colorBlue);
Plot(fMACD, "\nCurrent chart MACD", colorGreen, styleOwnScale) ;
Plot(fSignal, "\nCurrent chart Signal", colorGreen, styleDashed |
styleOwnScale) ;

PlotShapes(Buy * shapeUpArrow, colorGreen);
PlotShapes(Sell * shapeDownArrow, colorRed);
// program end
_SECTION_END();

_SECTION_END();



SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
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