Multiple MACD

A standard MACD applies two exponential moving averages. The Multiple MACD offers a selection of 30 different moving averages as input series. This indicator furthermore comes with two separate trend definitions.

Indicator Description

The Multiple MACD standard trend definition checks whether the MACD is above or below the zeroline. A second trend definition also requires confirmation from current price action. The Multiple MACD trend definition can be called by both Bloodhound from Shark Indicators, as well as the NinjaTrader Strategy Builder.

The indicator is available for NinjaTrader 8.