MACD with controllable MA type

MACDEXT is an extended version of MACD allowing for different MA types.

Method

tm.ta.macdext(source, fastperiod, fastmatype, slowperiod, slowmatype, signalperiod, signalmatype)

Inputs

Parameter	Argument type	Description	Default Value
source	pd.Series	Input data series	-
fastperiod	int	Fast period for the indicator	12
fastmatype	int	Fast Moving Average type	0
slowperiod	int	Slow period for the indicator	26
slowmatype	int	Slow Moving Average type	0
signalperiod	int	Signal period for the indicator	9
signalmatype	int	Signal Moving Average type	0

Outputs

Note

The outputs are returned as a tuple of objects. Make sure to unpack them as shown in the example usage.

Output	Type
macd	np.ndarray
macdsignal	np.ndarray
macdhist	np.ndarray

Example usage

strategy.py

import tradomate as tm

@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):

    # Trying out MACD with controllable MA type
    macd, macdsignal, macdhist = tm.ta.macdext(data.close, fastperiod=12, fastmatype=0, slowperiod=26, slowmatype=0, signalperiod=9, signalmatype=0)

    # Get the last value and print
    last_value = macd.iloc[-1]
    tm.log(f"Last value of MACD with controllable MA type is {last_value}")

    # Plot the values of macd
    tm.plot(macd, title="MACD with controllable MA type", overlay=False)