Thank you very much, I was just looking for this idea.
I'm not a statistician and I can't say I have strong math skills, so can you explain to me why you divide the MACD by the slow MA and not the fast MA? Would it be just as good to take an average of the slow and fast and divide it by that?
discountry
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@chrysopoetics, macd means divergence between fast and slow moving averages. So, when you calculate that, you need fast - slow , not fast / slow.
discountry
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@chrysopoetics, macd / slow_ma means moving average price change percentage.
I'm not a statistician and I can't say I have strong math skills, so can you explain to me why you divide the MACD by the slow MA and not the fast MA? Would it be just as good to take an average of the slow and fast and divide it by that?