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Median Convergence Divergence Manual
Median Convergence Divergence Manual
The manual for the MCD indicator
Manufacturer:
nt8indicators
SKU:
MCMD
Vendor:
nt8Indicators
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Median Convergence Divergence
The Median Convergence Divergence ( MCD ) is a derivative of the Moving Average Convergence Divergence ( MACD ). The difference is the change in the use of the measure of central tendency. In MACD , moving average (mean) is used, whereas, in MCD , the median is used instead. The purpose of using the median is to eliminate the outlying values, which would be calculated for a moving average. The outliers would affect the value of the moving average.
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LWPI User Manual
The User Manual for the LWPI Indicator
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Klinger Volume Oscillator User Manual
This is the User Manual for the Klinger Volume Oscillator indicator.
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Arnaud Legoux Moving Average
As the name suggests, the ALMA indicator is a moving average (MA) variant and was created by Arnaud Legoux in 2009. The goal was to decrease the lag commonly encountered with moving averages. As with most moving averages, this indicator aims to detect trends and trend reversals. It works similarly to other moving averages, but one of the main differentiators is that it calculates 2 moving averages, one from left to right and one from right to left. This output is then further processed through a customizable formula, for either increased smoothness or increased responsiveness.
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Median Convergence Divergence
The Median Convergence Divergence ( MCD ) is a derivative of the Moving Average Convergence Divergence ( MACD ). The difference is the change in the use of the measure of central tendency. In MACD , moving average (mean) is used, whereas, in MCD , the median is used instead. The purpose of using the median is to eliminate the outlying values, which would be calculated for a moving average. The outliers would affect the value of the moving average.
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