The indicator is plotted one day ahead into the future, allowing, if your strategy depends on Histogram, to predict its reversal point for tomorrow (or the next bar in any timeframe). If the closing price tomorrow is above the value of this indicator, then Histogram will tick up. If the closing price tomorrow is below the value of this indicator, then Histogram will tick down. This is especially useful on the charts of the longer timeframes and when using the Impulse system whose color depends in part on the slope of Histogram.
Use the same values as the Combo which you want to anticipate. If you use the default values, then accept the values below.
MACD_Short_Period(12) – The short for the calculation;
MACD_Long_Period (26) – The long for the calculation;
MACD_Smoothing_Period (9) – The smoothing value for the Signal line;
Time_Ratio (1) – The default here is set to 5 (weekly)