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GMACD: A Two-Line MACD with Configurable Smoothing

Article MQL5 code base
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Summary

GMACD is presented as a two-line MACD indicator intended for trading platforms that do not include this variant by default. The description identifies configurable smoothing methods for the histogram and signal line, along with fast and slow moving-average periods, smoothing parameters, and the applied price. The listed default periods are 12 and 26 for the fast and slow averages and 9 for the signal line.

The document is primarily a technical description of the indicator and its software-library dependency, rather than a trading strategy. It includes no rules for interpreting crossings, no market examples beyond an illustration reference, and no evidence about returns or predictive performance. Users therefore cannot infer an edge or suitability for a particular market from this description alone.

Key ideas

  • GMACD is described as a two-line MACD indicator for platforms where it is not built in by default.
  • The indicator allows separate smoothing choices for the histogram and signal line.
  • Its configurable inputs include fast and slow periods, signal period, smoothing parameters, and applied price.
  • The document gives no trading rules or performance evidence for the indicator.

Tags

Technical indicatorsStatistics

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.