MACD JMA
Integrating the MACD indicator with JMA, this AFL in Amibroker provides a smoothed representation of MACD values. Using Amibroker data feed, it utilizes JMA to reduce noise and offer a clearer signal, aiding traders in identifying trends more accurately.
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_SECTION_BEGIN("MACD");
SetChartBkColor( colorBlack ) ;
A1=EMA(C,12)-EMA(C,26);
BBtop=BBandTop(A1,10,1);
BBbot=BBandBot(A1,10,1);
Color=IIf(a1<0 AND a1>Ref(a1,-1), colorBlue,IIf(a1>0 AND a1>Ref(a1,-1),colorBlue,IIf(a1>0 AND a1<ref(a1,-1),colorred,colorred)));
Plot(a1,"MACD",color,styleDots+styleLine);</ref(a1,-1),colorred,colorred)));
Plot(BBtop,"BBtop",color,styleDashed);
Plot(BBbot,"BBbot",color,styleDashed);
Plot(0,"",31,1);
_SECTION_END();
Plot(3, "ribbon", Color, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_BEGIN("EMA1");
P = ParamField("Price field",-1);
Plot( EMA( P, 9 ), _DEFAULT_NAME(), colorBlue, styleThick );
_SECTION_END();