ÿþindicator MACD_TrendMeter;

// made by Werner Voets for WHSelfinvest

input Length1 = 5, Length2 = 35, Length3 = 15;

draw Value1 ("MACD TrendMeter", histogram), Value2("Value2", solid_line, red, 1), Value3("Zero", solid_line, black, 1);

begin

  Value1 := EMA(Close, Length1)-EMA(Close, Length2);

  Value2 := XAverage(value1,length3);

  Value3 := makeseries(front(close), back(close), 0);



end.







/*{MACD Trendmeter, BTAC Visuele Analyse}



Input:Length1(5),Length2(35),Length3(15);



Value1 = Average(Close, Length1)-Average(Close, Length2);

Value2 = XAverage(value1,length3)[1];

Value3 = 0;