MACD_SIGNAL — MACD Signal Line Trading Series
The MACD_SIGNAL trading series represents the signal line of the MACD indicator, which is typically a smoothed version of the MACD itself.
It is built upon the MACD Signal indicator implementation from the indicators module.
Parameters
MACD_SIGNAL(
ticker: str,
source: SourceType = SourceType.CLOSE,
fast_length: int = 12,
slow_length: int = 26,
oscillator_ma_type: SmoothingType = SmoothingType.EMA,
signal_ma_type: SmoothingType = SmoothingType.EMA,
signal_length: int = 9
)
ticker(str): Asset ticker symbol.source(SourceType): Price source. Default isSourceType.CLOSE. Supported sources are linked here.fast_length(int): Fast EMA length. Default is 12.slow_length(int): Slow EMA length. Default is 26.oscillator_ma_type(SmoothingType): MA type for the MACD oscillator. Default isSmoothingType.EMA. Supported types are linked here.signal_ma_type(SmoothingType): MA type for the signal line. Default isSmoothingType.EMA. Supported types are linked here.signal_length(int): Smoothing period for the signal line. Default is 9.
Description
- Signal line helps generate buy/sell signals via crossovers with MACD.
Example Usage
MACD_SIGNAL(
ticker="AAPL",
source=SourceType.CLOSE,
fast_length=12,
slow_length=26,
oscillator_ma_type=SmoothingType.EMA,
signal_ma_type=SmoothingType.EMA,
signal_length=9
)