Warning! This section will be deprecated on February 1st 2025. Please move all your Indicators to the cTrader Store catalogue.
Description
Using this indicator, you can have two MACDs in one indicator area
Includes a normal MACD and a histogram MACD
using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;
using cAlgo.API;
using cAlgo.API.Collections;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
namespace cAlgo
{
[Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class Double_MACD : Indicator
{
[Parameter("Long Cycle", DefaultValue = 26)]
public int LongCycle { get; set; }
[Parameter("Short Cycle", DefaultValue = 12)]
public int ShortCycle { get; set; }
[Parameter("Signal Periods", DefaultValue = 9)]
public int Periods { get; set; }
[Parameter()]
public DataSeries Source { get; set; }
[Parameter("Long CycleH", DefaultValue = 117)]
public int LongCycleH { get; set; }
[Parameter("Short CycleH", DefaultValue = 54)]
public int ShortCycleH { get; set; }
[Parameter("Signal PeriodsH", DefaultValue = 41)]
public int PeriodsH { get; set; }
private MacdCrossOver _macdCrossOver;
private MacdHistogram _macdHistogram;
[Output("MACD", Color = Colors.Blue)]
public IndicatorDataSeries Macd { get; set; }
[Output("MACDH", PlotType = PlotType.Histogram, Color = Colors.Green)]
public IndicatorDataSeries MacdH { get; set; }
[Output("Signal", LineStyle = LineStyle.Lines, Color = Colors.Red)]
public IndicatorDataSeries Signal { get; set; }
[Output("SignalH", LineStyle = LineStyle.Lines, Color = Colors.Yellow)]
public IndicatorDataSeries SignalH { get; set; }
protected override void Initialize()
{
_macdCrossOver = Indicators.MacdCrossOver(LongCycle, ShortCycle, Periods);
_macdHistogram = Indicators.MacdHistogram(Source, LongCycleH, ShortCycleH, PeriodsH);
}
public override void Calculate(int index)
{
Macd[index] = _macdCrossOver.MACD[index];
MacdH[index] = _macdHistogram.Histogram[index];
Signal[index] = _macdCrossOver.Signal[index];
SignalH[index] = _macdHistogram.Signal[index];
}
}
}
MR
MrDeveloper
Joined on 30.09.2022
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Tow_MACD.algo
- Rating: 0
- Installs: 966
- Modified: 30/09/2022 11:05
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When divergence is observed in both indicators (in different proportions), there is a possibility of changing the trend