Pan PrizMA Convergence Divergence indicator: the best MACD modification
Pan PrizMA Convergence Divergence indicator - it's a modification standard MACD oscillatorIn which the moving averages are constructed by a fourth-degree polynomial and extrapolated by a second-degree polynomial. The fourth-degree polynomial averaging increases the smoothness of the lines, adds inertia and therefore rhythmicity, and extrapolation allows you to adjust the lag or advance of the signals.
According to our experts, the use of Pan PrizMA Convergence Divergence indicator instead of the standard MACD will increase the efficiency trading strategiesIt also opens up additional possibilities for combining with other indicators.
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Hello Alexander, how do you personally use this indicator (Forex indicator Pan PrizMA Convergence Divergence: the best modification of the MACD)? With what settings? And how do I read his signals correctly? I want to understand its best modification...
Hello. If you don't mind, I will answer. When you install the indicator, the "About" tab contains the e-mail address of its author, Alexey Panfilov. It is unlikely that anyone will be able to give you a more detailed answer than its author)
Video:
https://www.youtube.com/watch?v=KG80moecrxI
A detailed analysis of the indicator, with modifications:
_https://www.mql5.com/ru/forum/224374#comment_6321215