Configurable MACD with Selectable Averages and Absolute Values
Summary
This indicator description presents an expanded version of MACD with controls for the fast and slow moving-average periods, signal-line period, calculation method for each line, and applied price. It also allows the calculation to use absolute or relative values. These options let users adapt the indicator’s construction to different smoothing choices and price inputs rather than relying only on the usual fixed configuration.
The document lists the eight settings but does not provide a complete formula, parameter recommendations, trading rules, chart examples, or empirical evaluation. Its brief formula section is empty, so the precise meaning and behavior of the absolute-value option cannot be verified from the description alone. It is an indicator specification, not evidence that any configuration predicts returns or improves a strategy. Users would need to inspect the implementation and evaluate chosen settings in their own market and timeframe.
Key ideas
- The indicator exposes separate periods and averaging methods for the fast, slow, and signal lines.
- Users can choose the applied price used in the calculation.
- An option switches between absolute and relative MACD values.
- The description omits the full formula and provides no tested trading rules or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.