Thread: MACD indicator
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Old 10-31-2007, 07:21 AM
fxbs fxbs is offline
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Quote:
Originally Posted by Linuxser View Post
The OsMA is just the difference between two moving averages.

If you set the MA1 to 12 and the MA2 to 26 you get the MACD histogram (if you´re using a 12,26 MACD)

Here is the OsMa posted in the previous post with the option to "apply to" close/open/high/low. All you need to match with default MT4.
MACD lines added to OsMA hist
Attached Images
File Type: gif macd osma2.gif (22.6 KB, 2516 views)
Attached Files
File Type: mq4 MACD_OsMA_4ColorLH.mq4 (4.8 KB, 572 views)

Last edited by fxbs; 10-31-2007 at 08:07 AM.
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