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[blackcat] L1 Vitali Apirine Weekly And Daily MACD

Level 1

Background

This indicator was originally formulated by Vitali Apirine for TASC - December 2017 Traders Tips, “Weekly & Daily MACD”.

Function

In the article “Weekly & Daily MACD” in this issue, author Vitali Apirine introduces a novel approach to using the classic MACD indicator in a way that simulates calculations based on different timeframes while using just a daily-interval chart. He describes a number of ways to use this new indicator that allows traders to adapt it to differing markets and conditions.


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