MACD histogram: momentum above/below its signal.
Preview
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What it measures
The gap between a fast and a slow EMA, its own signal line, and the histogram between the two.
- Inputs
- Fast length 12Slow length 26Signal length 9
- Output
- A line, in price
- Feeds
- Entry and exit rules
- Warm-up
- 35 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- Yes. Wiring it changes which entries your strategy takes.
- Part of
- Moving Average Convergence Divergence (MACD)
- Also known as
- MACD, MACD Histogram