This indicator creates a convergence-divergence indicator, similar to a MACD, using any two indicator plots.
Parameters:
Fast Indicator: Enter the fast indicator name and parameters here. Ex: Stochastics(7,14,3)
Fast Indicator Plot: Enter the name of the plot you want to use as an input for the fast indicator. Ex: D
Slow Indicator: Enter the slow indicator name and parameters here.
Slow Indicator Plot: Enter the name of the plot you want to use as an input for the slow indicator.
Smooth Periods: Number of SMA periods used to smooth the ICD plot.
The three plots are Avg, Diff, and ICD which are exactly like the MACD plots.
Big thanks goes out to @gomi and @NJAMC for their indicator instantiating code.
Discussion thread: https://nexusfi.com/elite-circle/22946-xavicd-discussion.html
Enjoy
Category The Elite Circle
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