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Q: Steve F. writes in:
"Is there a way to separate the MACD lines form the histogram to get a clearer picture?"
A: Yes there is. There are three things you can do depending on your needs:
- If you just want to see the histogram and not the other lines, choose "MACD Histogram" from the Indicators dropdown instead of MACD.
- If you just want to see the MACD Line, only enter 2 parameters in the Parameters box. Leave off the third one.
- If you are a member and you want both the MACD Line and the signal line, only enter 2 parameters in the Parameters box (like with #2) but then use the "Overlays" dropdown (in the "Advanced Options" area) to add back the 9 period EMA.
Here's a chart that shows all three possibilities:
Click on the chart to see a live version.
Posted by: Dan de Joya June 06, 2011 at 15:05 PM