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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (2686)12/9/1997 8:44:00 PM
From: TechTrader42  Respond to of 11149
 
I just went back and edited my note. Do you have any comments on how QP does MACD, Richard? Its histogram represents the difference between two lines: One line is the shorter-term EMA (13) minus the longer-term
EMA (34). Another line is the 89-day trigger line. The histogram, QP says, is "the difference between the 2 lines."

The histogram in QP is designed to show the buy and sell signals clearly. Usually, though, isn't the histogram simply a moving average of: the shorter-term EMA minus the longer-term EMA (34). that's how Achelis describes it, and how it's plotted in WOW.

Brooke