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macdline

MACD line (fast EMA − slow EMA)

macdline(source, fast, slow, signal)

Defaults close, 12, 26, 9. Short form macdline() or macdline(12, 26, 9) uses close. Sisters: macdsignal, macdhist.

Parameters

Name	Type	Description
`source`optional	series default close	Series to use. Omit it when the first argument is a number — ema(9) means ema(close, 9).
`fast`optional	int default 12	Fast EMA.
`slow`optional	int default 26	Slow EMA.
`signal`optional	int default 9	Signal EMA of the MACD line.

Return value

series

Short form: if the first argument is a number, Dovee uses close as the source.

Example

oscillator
m = macdline()
s = macdsignal()
h = macdhist()
plot m as "MACD" blue
plot s as "Signal" orange
plot h as "Hist" gray
when m crosses above s then buy

Parameters

Return value

Example

See also