Bias Scaled MA MACD - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
Bias Scaled Moving Averages are described in "Deviation Scaled Moving Averages". Article TASC July 2018
Since it is actually an EMA (exponential moving average, adaptive using what Ehlers calls "deviation scaling"), the logical next step is to make its MACD. This is the MACD of the Bias Scaled MA. Some experiments are recommended (DSMA fast periods and short periods of slow periods may produce some strange results, so this MACD also uses what is described in this article: Crossover of 40 and 100 period DSMA - produces the MACD presented here)
Attachment download
📎 macd_of_deviation_scaled_ma.mq5 (13.37 KB)
Source: MQL5 #21901
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