im looking for a macd that gives the option of using sma or ema for macd and average

You can build your MACD from something like 28 different moving averages. You can even select a different type for the fast and the slow moving average, which makes up for a few hundred combinations.

Collection of "ana"-Indicators for NinjaTrader Here is an updated version of the MACDUniversal. There are 29 different moving averages that can be selected as fast MA, slow MA or for calculating the signal line. The indicator also comes with a trend filter, which has three different states bullish …

I understand that you only asked for one of those.

Agree with Fat Tails.

What's you're aim in switching the MA type if you don't mind me asking? The lag? you can try a number of options for this it was useful for me myself to learn how to develop indicators with different input data series.

sands 

Agree with Fat Tails. What's you're aim in switching the MA type if you don't mind me asking? The lag? you can try a number of options for this it was useful for me myself to learn how to develop indicators with different input data series.

i am trying to dial in a macd with a fellow trader.This looks like an indy i can work with ....Thanks Fat Tails!

Cool good luck, I had a go at this myself. I tried almost all 40 of the MA's :-) with varying results. I ended up building a multiple time frame version with a zero lag MA that I had searched the code for online the NT forum I think I can't recall. I found good and bad points to trading with it. Let us know how you get on. I'd be interested to see how someone else gets on with the same work.

one more thing. I personal found SMA worked better than EMA but that was me looking at Brent Crude in November may not be the same now or for a different product.I found I got a lot of false crosses with EMA and not really any less lag. Are you looking to trade crosses or more looking for diverergances?

sands 

Agree with Fat Tails. What's you're aim in switching the MA type if you don't mind me asking? The lag? you can try a number of options for this it was useful for me myself to learn how to develop indicators with different input data series.

There are a few trading strategies - even some of them described the TASC magazine - that rely on crossovers of two different moving averages. Such a crossover is identical to a MACD zerocross, so you can build such strategies more easily with the universal MACD.

Also, the Awesome Oscillator is nothing else than a raw MACD built from SMAs and plotted as a histogram.

hi

check UMAX modification and DP algorithm modification as recent work done by IFTA(might be.)

THX
CS