Nonlag_MA_MACD - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
The MACD variant does not use EMA for MACD calculation (as it was originally invented by Geral Appel), but to make it faster it uses Nonlag MA. Also, even the signal line is calculated using Nonlag MA ma, so this is a "complete" Nonlag MA MACDA with any MACD, good for finding divergences, can be used when MACD and signal lines cross, and can be used to spot sudden trend changes.
Multi-timeframe, OSMA and OSMA histograms have also been added.
Attachment download
📎 nonlag_ma_macd_-_mtf_amp_alerts.mq5 (12.28 KB)
Source: MQL5 #16714
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