Syntax
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Public Function MACDHistogram(longCycle As Integer, ShortCycle As Integer, SignalPeriod As Integer) As String |
The MACD is a moving average oscillator that shows potential overbought/oversold phases of market fluctuation.
The MACD is a calculation of two moving averages of the underlying price/indicator. The histogram is simply a bar graph of the MACD minus the MACD Signal line.
Buy/Sell interpretations may be derived from crossovers (calculated from the Signal Periods parameter), overbought/oversold levels of the MACD and divergences between MACD and actual price.
Parameters
| Key | Description |
| longCycle | Long Cycle |
| ShortCycle | Short Cycle |
| SignalPeriod | Signal period |
Return value
Returns the handles of a technical indicator, in case of failure returns a empty string.
See Also