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}

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BMacd

BMacd is a popular technical indicator used in Amibroker for analyzing stock market trends. It calculates the Moving Average Convergence Divergence (MACD) and provides valuable insights into price momentum. With a reliable Amibroker data feed, traders can effectively utilize BMacd to make informed trading decisions.

function fMACDLine(input,fa0, fa1)
{
	result = EMA(input,fa0) - EMA(input,fa1);
	return result;
}


function fMACDAvg(input,fa0, fa1, fa2)
{
	mymacd1 = EMA(input,fa0) - EMA(input,fa1);
	result = EMA(mymacd1,fa2);

	return result;
}


function fMacdHisto( input, f0, f1, f2 ) 
{ 
	mymacd = EMA(input,f0) - EMA(input,f1);
	mymacdsig = EMA(mymacd,f2);

	result = mymacd - mymacdsig;

   return result; 
} 

price = (H+L+C)/3;
MA1	= 7;
MA2 = 10;
MA3 = 5;

MACDHisto   = fMacdHisto( price, MA1, MA2, MA3);
MACDHistox2 = fMacdHisto( price, MA1*2, MA2*2, MA3*2);
MACDHistox3 = fMacdHisto( price, MA1*3, MA2*3, MA3*3);
MACDLine	  = fMacdLine(price, MA1*3, MA2*3);
MacdAvg     = fMacdAvg(price, MA1*3, MA2*3, MA3*3);

MACDLineColor = IIf(MACDLine>= Ref(MACDLine,-1), colorWhite, colorViolet );

Plot(MACDLine, "MACDLine", MACDLineColor , styleLine|styleLeftAxisScale|styleThick); 
Plot(MACDAvg, "MACDAvg", colorBlue, styleLine|styleLeftAxisScale); 

Plot(MACDHisto, "MACDHisto", 	IIf(MACDHisto >=0,colorGreen, colorRed), styleThick | styleHistogram );
Plot(MACDHistoX2, "MACDHistoX2", colorYellow, styleLine | styleStaircase );
Plot(MACDHistoX3, "MACDHistoX3", colorBlack, styleLine | styleStaircase );

PullbackUp   = MACDHisto<0 AND MACDHIstox2>0 AND MACDHIstox3>0 AND MACDHisto<Ref(MACDHisto,-1);
PullbackDown = MACDHisto>0 AND MACDHIstox2<0 AND MACDHIstox3<0 AND MACDHisto>Ref(MACDHisto,-1);

Color = IIf( PullbackUp, colorAqua,IIf(PullbackDown, colorPink, colorTeal));

Plot( 1, "", Color, styleArea | styleOwnScale | styleNoLabel , 0, 1);

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