Analysis Techniques & Strategies

$image\insert_paintbar.gif$ MACD Gradient (PaintBar)

$image\trumpet2.gif$ Disclaimer

$image\volume.gif$

Input Information

Name	Expression	Default	Description
FastLength	Numeric	12	Number of bars to include in calculation of the fast exponential average.
SlowLength	Numeric	26	Number of bars to include in calculation of the slow exponential average.
MACDLength	Numeric	9	Number of bars used to calculate the MACD exponential average.
ColorNormLength	Numeric	14	Number of bars over which to normalize the indicator for gradient coloring.
UpColor	Numeric	Yellow	Color to use for indicator values that are relatively high over ColorNormLength bars. Set to -1 to disable gradient color plotting.
DnColor	Numeric	Red	Color to use for indicator values that are relatively low over ColorNormLength bars. Set to -1 to disable gradient color plotting.

Market Synopsis

Displays the MACD for the current bar as a gradient color PaintBar based on the MACD range over the previous ColorNormLength bars.

Related Functions

None.