Comment on Indicators (Part 2)

DR1184 commented on 03 Apr 2015, 11:30 PM

hi Sir,
confusion abt MACD and signal line crossover would be cleared iff one considers “MACD line” itself being some scrip, and it has its own 9-DMA as usual. we then follow standard method of trading of using MA only.
(
stock close above it’s n-DMA => long
stock close below it’s n-DMA => short
)
i wonder , if we can add one more signal line to MACD line (say 21-DMA) and follow 9/21 MA Crossover system to reduce lag?

* how can we add custom indicators (which will have its own graph akin to std indicator viz MACD ) in “Pi” ?

thanks,
Rajesh

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