Advanced Programming Training Videos – MACD Trading Signals

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11/01/2020 at 7:58 PM #149209 quote
Courtney Smith
Participant

Junior
This is probably a very trivial answer but I have been studying this for quite some time now, but I just cant seem to understand why the signal produced in the training video builds a line graph that goes up (increase +1) and down???? (down being the key part) The positive slope part I understand but there is no -1 in the code and cant seem to put it together why the line graph goes down as well. I feel like the “increase” indicator should only have a positive slope.
```
MyMACD = MACD[12,26,9](close)

increase = 0
For a= 1 to 20 do
if MyMACD [a] > MyMACD[a+1] and MyMACD [a] >0 then
increase =  increase +1
endif
next 

return increase
```
MACD.jpg
12/03/2020 at 5:21 PM #152515 quote

Nicolas
Keymaster

Master

It doesn’t decrease, the count of total MACD increase over the last 20 bars is recounted on each bar, starting from zero. So from one candle to another, the count of “increase” condition could be more or less than the one of the previous period.
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Advanced Programming Training Videos – MACD Trading Signals

ProBuilder: Indicators & Custom Tools

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Courtney Smith @courtneyds Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
5 years, 2 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	11/01/2020
Status:	Active
Attachments:	1 files

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