It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other indicators.The advantage of this indicator is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend.
Limiting macd calculationDocThis is one possible solution. Macd is made as a new function (it does not use the built in function) And can be limited in calculation. When you decide how many bars you want to calculate, give it some room (the example is using 200 bars limit, and you can see that at the beginning they are different, and that towards the end, eventually they are the same.
It is due to the cumulative effect of ema calculation uExpert AdvisorsTraders of all the world have a dream to earn money from market without any effort and stress from trading. Expert Advisors as programs allowing automatic trading might have features of this kind of Holy Grail. Benefits of Expert AdvisorsExpert Advisors are in vast majority based on technical analysis.
Expert Advisor let you trade every signal defined in him. Very metatrader language programming 1994 from psychological point of view.
Metatrader language programming 1994