MACD histogram amplitude multiplier

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  • #195829 quote
    HaHa
    Participant
    New

    Hi

    I’d like to have a taller histogram on a MACD indicator.

    myMACD=exponentialaverage[fast]exponentialaverage[slow]
    signal=exponentialaverage[signalP](myMACD)
    This is from Nicolas in forums.
    With the standard parameters, I just want to multiply an amplitude of the histogram but don’t know how to plot.

    Any help would be great.

    Thanks

    #195843 quote
    robertogozzirobertogozzi
    Moderator
    Legend

    You just need to multiply the above lines for a factor of your choice (1.0 is like the original), greater than 1 is larger, less than 1 is smaller:

    Factor = 1.0
    myMACD = exponentialaverage[fast]–exponentialaverage[slow] * Factor
    signal = exponentialaverage[signalP](myMACD) - Factor
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MACD histogram amplitude multiplier


ProBuilder: Indicators & Custom Tools

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

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/22/2022
Status: Active
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