Jump to content
  • 0

Ohmz


Omar_S

Question

Is the MACD indicator on this platform calculated using EMAs or SMAs?? I know the standard method is EMAs but I don't want to assume anything. 

More generally is there a section on the website where I can actually find the math / formulae for the indicators, ie how they are actually constructed? 

I'm tired of being given generic info about what the indicator is and then simply left to believe it will perform as I expect. Slight modifications to the construction of an indicator can have huge implications for its behaviour. I'm sure traders on here can't possibly be so naïve. . . 

Please help. 

Link to comment

5 answers to this question

Recommended Posts

  • 0
5 minutes ago, Omar_S said:

Is the MACD indicator on this platform calculated using EMAs or SMAs?? I know the standard method is EMAs but I don't want to assume anything. 

More generally is there a section on the website where I can actually find the math / formulae for the indicators, ie how they are actually constructed? 

I'm tired of being given generic info about what the indicator is and then simply left to believe it will perform as I expect. Slight modifications to the construction of an indicator can have huge implications for its behaviour. I'm sure traders on here can't possibly be so naïve. . . 

Please help. 

hi, there is no IG page with the forumla for the indicators but in my experience they are always the generic default so with MACD that would be the Fast and Slow periods being EMA while the Signal period is SMA.

  • Like 1
Link to comment
  • 0

 

thanks … actually on the settings window of the indicator it refers to fast and slow EMA periods, so I can see it's EMA now. 

I think it's unfortunate they don't publish the indicator calculations. We shouldn't have to guess. 

Link to comment
  • 0

Omar, you highlight the reason why most TA and indicators are a waste of time; they can be adapted to what you want them to be. They are a comfort blanket and justification for opening making (mainly opening) a trade. Brokers love them because they create activity. A massive industry exists in providing real (because it's all historic) data but none of them can predict the future.

  • Like 1
Link to comment
  • 0

Thanks. On the whole I agree. My point being that if I know how the indicator is calculated I can possibly use it (or a modification of it) to produce test based on statistical inference. The difference between predicting the future and having statistical inference maybe subtle but important I think. 

Regardless though, if I don't know how it's calculated it's going in the garbage. 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,595
    • Total Posts
      96,947
    • Total Members
      44,163
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    leoleoleo
    Joined 01/12/23 16:17
  • Posts

    • Well, everyone is entitled to his opinion and has his yardstick for conclusion on his GOAT. Considering awards and personal glory Messi and CR7 top the list but we cannot write off players like Eusebio, Alfredo Di Stefano, Baggio, and George Weah (African GOAT).
    • Crypto Asset Governance Alliance Token Is a unique and community driven project that operates as a Decentralized Autonomous Organization (DAO) governed by its dedicated token holders, $CAGA. The project is focused on profitability and fostering collaboration among like-minded individuals by allowing members to stake tokens, and actively participate in decision-making processes. As a community-driven project CAGA believe its community ideas will bring the desired change in the world as such the platform prioritize transparency. All decisions, proposals, and voting results are publicly accessible on the platform and reports are publish regularly in order to maintain clarity with the community.  The native token $CAGA was recently listed on several exchanges as such this double the exposure for the project and makes it the top trending token on CMC as traders and analyst try to see a good entry to grab the token due to its bullish potential and the need to add it to their portfolio. As usual DCA should be employed in grabbing this type of token and always DYOR. What do you think about CAGA?
×
×
  • Create New...
us