How to calculate a true-MACD for a single point in MQL4?

Asked May 15 '17 at 05:32

Active Jun 20 '17 at 19:24

Viewed 484 times

I know you can utilize the built in iMACD() function but it uses a variant of what I need. I am only interested in the first point. When accessing MACDLineBuffer[1] I get the correct value. However SignalLineBuffer[1] and consequently HistogramBuffer[1] are significantly off.

int SignalMAPeriod = 9;
double alpha   = 2.0 / (SignalMAPeriod + 1.0);
double alpha_1 = 1.0 - alpha;

   for(int i=limit; i>=0; i--)
   {
      MACDLineBuffer[i]   = iMA(NULL,0,FastMAPeriod,0,MODE_EMA,PRICE_CLOSE,i)
                          - iMA(NULL,0,SlowMAPeriod,0,MODE_EMA,PRICE_CLOSE,i);

      SignalLineBuffer[i] = alpha   * MACDLineBuffer[i]
                          + alpha_1 * SignalLineBuffer[i+1];

      HistogramBuffer[i]  = MACDLineBuffer[i]
                          - SignalLineBuffer[i];
   }

edited May 15 '17 at 19:47

user3666197

asked May 15 '17 at 05:32

SolidCloudinc

1

and what is your question? – Daniel Kniaz May 15 '17 at 08:02
How to get the true MACD from a single point. – SolidCloudinc May 15 '17 at 12:44
Do you need signal line from a regular macd? it uses simple averaging of the difference. if you need an expotential averaging - look at the standard macd code and replace `SimpleMaOnBuffer()` with `ExponentialMaOnBuffer()` – Daniel Kniaz May 15 '17 at 16:56

How to calculate a true-MACD for a single point in MQL4?

0 Answers0