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I am looking for an indicator that displays the actual difference in pips between 2 moving averages.
I know the MACD sort of shows the difference but I want something that I can set the range between 20 and -20 pips for example.
On checking the MACD when the actual difference between 2 moving averages in the data window shows as 10, the macd shows something like 5.5
I have checked the OsMA but that shows different figures as well.
Anyone know of anything.