MBMCD indicator - an alternative to the MACD oscillator
MBMCD indicator is an oscillator and represents an alternative to the popular MACD indicator.
MBMCD indicator uses the same principle as the MACD - convergence-divergence moving averages. However, unlike MACD, it uses the principle of mabyma - the construction of a moving average by another moving average.
The main advantage of the approach implemented in the MBMCD indicator is that getting a signal about a change in the trend on the principle of mabyma is far superior signal systems based on moving averages crossovers.
In this regard MBMCD indicator has higher efficiency than its MACD counterpart, and its use in strategies will increase the accuracy of trading signals.
Other popular indicators
I tried to compare SwingMan UltraSuper Trix to the MBMCD indicator, I skimmed through the t/frames - the same thing... try to find 10 differences.