I want to creat anew macad with periods 6 & 12 days insted of 12 & 26.
I wrote the following equation:
mov(c,6,e)-mov(c,12,e)
the result was a curve without centeral line so I corrected the previous equation to be as
mov(c,6,e)-mov(c,12,e);0
then centeral line appeared but not connect between the 2 Y axis!!!
and I cant have the signal line with the new MACD.
pls I need the correct and complete equation
thanks

The signal line is a moving average of the MACD formula:

x:=Input("Signal Periods",1,100,9);
Mov(C,6,E)-Mov(C,12,E);
Mov(Mov(C,6,E)-Mov(C,12,E),X,E);

You can plot a 0 line in the formula language but it only goes to the last point of data in the chart. If you want the line to extend all the way across the chart you need to add the 0 value into the Horizontal Line section of the formula properties.

Or this...

ma1:=Input("Short MA",1,100,6);
ma2:=Input("Long MA",1,100,12);
plot:=Mov(C,ma1,E )-Mov(C,ma2,E);
plot;0

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Traders' Consortium

thanks alot
I used the first formula it gave both macd and signal line
the second gave only macd

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Traders' Consortium

THANKS FOR EVERY BODY