OPEN-SOURCE SCRIPT

MACD WEIGHTED

A different style of MACD indicator with different period values of WEIGHTED MOVING AVERAGES INSTEAD OF EXPONENTIAL.

Default MOVING AVERAGES ARE

faster period: 8bars
slower period: 13 bars
signal period: 5 bars


TURKISH EXPLANATION:

MACD indikatörünün üssel yerine AĞIRLIKLI hareketli ortalamalar kullanılarak daha erken sinyaller alabilmek için daha kısa periyotlarla yorumlanması
kivancMoving Average Convergence / Divergence (MACD)macdwmacdweightedMoving AveragesOscillators

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


Telegram t.me/AlgoRhytm

YouTube (Turkish): youtube.com/c/kivancozbilgic

YouTube (English): youtube.com/c/AlgoWorld
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