The MACD strategy is based upon difference between values of Moving Average Convergence/Divergence (MACD) indicator and its moving average. The MACD, in turn, is defined as the difference between fast and slow moving averages of Close price: the length of the fast moving average is significantly less than that of the slow one (12 vs. 26 by default). The strategy adds a simulated Buy order when the difference between MACD and its signal line crosses above the zero level and a simulated Sell order when it crosses below.
||The number of bars used in calculation of MACD's fast average.|
||The number of bars used in calculation of MACD's slow average.|
||The number of bars used in calculation of the moving average of MACD.|
||The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.|