V.10:11 (467-470): SIDEBAR: AN MACD VARIATION by Technical Analysis, Inc.

V.10:11 (467-470): SIDEBAR: AN MACD VARIATION by Technical Analysis, Inc.
Item# \V10\C11\SIDEANM.PDF
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Product Description

AN MACD VARIATION by Technical Analysis, Inc.

The method used is a variation of the original moving average convergence/divergence (MACD) indicator. Longer-term exponentially smoothed moving averages (EMA) have been used in the calculation of the MACD. The new smoothing constants a are 0.0299 and 0.0589, which approximate a 66-week simple moving average and a 33-week simple moving average, respectively.

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