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v101

MACD Difference As a Percent?

By v101, in General Trading

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v101    10

v101
Posted

I would like to know if there is a way to determine the % difference between the MACD and the MACD Signal line and return this as a value in %.

 

The reason to do this, would be for a indicator...

 

I was looking at using the formula:

(histogram / MACD) * 100 = Percent Difference.

 

Does anyone see any issue/problems in doing this?

 

The end result I am trying to accomplish, is to use the MACD and only to give signals if the percent difference (between the MACD and the MACD Signal line) are at a certain %.

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