Description
The MACD Histogram Crossover study finds where the MACD Histogram value crosses from positive to negative or vice versa. Crossing above zero indicates an overbought position, while crossing below zero indicates an oversold position.
Input Parameters
| Parameter | Description |
|---|---|
fast length
|
The number of bars used in calculation of the fast average of MACD. |
slow length
|
The number of bars used in calculation of the slow average of MACD. |
macd length
|
The number of bars used in calculation of MACD average. |
average type
|
The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull. |
crossing type
|
Defines whether to apply the study when the MACD Histogram crosses above or below zero. |
Plots
| Plot | Description |
|---|---|
signal
|
The MACD Histogram Crossover plot. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.