This is a MACD version with MaGinley Dynamic indicator invented by John R. McGinley. MaGinley Dynamic can be used as a moving average and is a highly reliable indicator. Here i use it instead of EMA witch normally is used to calculate MACD.
It's funny, I've used the MACD and McGinley Dynamic concurrently for years. It never once occurred to me to merge the two. Really pleased to have stumbled across this. Cheers mate!
ChuckBanger
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@SLOPolarBear,
Thanks... And hope you get allot of good trades with it :)