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MACD Histogram numbers...

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spdfgh
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Username: spdfgh

Post Number: 90
Registered: 06-2004

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Thursday, January 05, 2012 - 02:08 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Can anyone shed light on the MACD Histogram chart numbers:
MACD Histogram:Wk:60:20:ZR 0.99990b1/1

It would be the ZR and the b1/1 I was wondering about as there is no reference to it on the Histogram IC link http://www.incrediblecharts.com/indicators/macd_histogram.php







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optimistic4
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Username: optimistic4

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Registered: 02-2013

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Wednesday, February 13, 2013 - 03:17 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Adding the MACDH to the MACD indicator & signal line invariably sees the MACDH value (ie height of histogram)modified by the "ZR" factor which isn't apparent when using the MACDH on its own.
As for the original post in Jan 12, I can't seem to find any mention of this "ZR" factor in the formula for MACDH.
What is the purpose of the "ZR" factor?

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