Double MACD

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Double MACD


Double MACD indicator

Author: Black

The Double MACD is an indicator that compares the Signal lines of 2 MACDs. This comparison can cause a much faster reaction than the normal MACD - less lag. Yet, the fast reaction is not such that it over-reacts. This indicator, like the normal MACD, can be slightly erratic. Someone might add a couple of additional Signal lines to smooth it, for clarity.



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