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#1 Selling Amibroker Plugin featuring:
Zero Lag MACD for Amibroker (AFL)
Here is a Zero Lag MACD. You can use the parameter capability to tweak the periods. In comparison to Amibroker’s built in MACD, Zero Lag MACD signals show up a few days earlier, and divergences are quite pronounced.
Similar Indicators / Formulas
Indicator / Formula
p = Param("P",12,3,40,2);
q = Param("Q",26,3,60,2);
r = Param("R",9,3,15,1);
function zeroLagEMA(array, p)
{
ema1= EMA(array,p);
ema2= EMA(ema1,p);
diff = ema1 - ema2;
return ema1 + diff;
}
zeroLagMACD = zeroLagEMA(C, p) - zeroLagEMA(C, q);
Plot(zeroLagMACD, _DEFAULT_NAME(), colorRed);
Plot(zeroLagEMA(zeroLagMACD, r), _DEFAULT_NAME(), colorBlue);0 comments
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