MACDe — Indicator by KivancOzbilgic

oscillator movingaverage macde kivanc fr3762

A different style of MACD indicator with different period values of WEIGHTED and EXPONENTIAL MOVING AVERAGES INSTEAD OF only EXPONENTIAL.

Default MOVING AVERAGES ARE

faster period: 8bars EMA
slower period: 13 bars EMA
signal period: 5 bars WMA

TURKISH EXPLANATION:

MACD indikatörünün sadece üssel yerine AĞIRLIKLI ve ÜSSEL hareketli ortalamalar kullanılarak daha erken sinyaller alabilmek için daha kısa periyotlarla yorumlanması

fikir @kenyaborsa on twitter
yazar: KIVANÇ @fr3762 on twitter

Release Notes:

added histogram to the graph

Threads: threads.net/@kivancozbilgic

YouTube (Turkish): youtube.com/c/kivancozbilgic

YouTube (English): youtube.com/c/AlgoWorld

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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