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Hi
Can someone program macdbb with support resistance as shown in the picture. this acts as support to get trend trade setup. we already have open file for macdbb. resistance is between 0.3-0.4 both sides of zero line. any help is appritiated
Speaking of abnormal MACDeeez ...
I was wondering if it possible to create a MACD that utilizes Fat Tail's Moving Median lines
instead of the normal micky D I mean MACD mov avg choices?
This is possible, however you have to pay attention to the details.
The moving median puts an equal weight to the close of the last bar and the close N bars ago. This means that it is a close relative of the simple moving average SMA, but not the exponential moving average EMA. As the MACD uses exponential moving averages, you would first have to build an exponentially weighted median. This is possible, but to get a better result, I would suggest to use at least a TPO median, before applying the exponential weighting to the sample values. I do not have that exponential median ready and available just now.
When using the simple moving median, you get something similar to the Awesome Oscillator, which is built from SMAs. The chart below shows the outcome, but I do not think that the result justifies the effort. You may as well stick stick with the Awesome Oscillator.
Do members like you store all your custom built indicators on a section in this site?
So far I've read that you have a great MACD BB indicator, and people are saying you're the "Big Man on Campus" around here.
Can you post a link to the area where you store all your stuff so I can browse through it?
Thanks
A new sub-nav bar appears with new options. One option is 'Search'. Click that, then advanced search. On the right, type in Fat Tails under 'username' and submit the search. The result is all indicators uploaded to the Downloads section by Fat Tails.
For indicators attached to posts and not to the Downloads section, on the top right of any page click in the white box next to the Search button. Then choose 'Search for attachments'. Then in username field type Fat Tails and submit the search, the result is all attachments to posts made by Fat Tails.
This and other tips are covered in the "Welcome" emails sent to you when you sign up, they are sent over the course of one month.