oh, the software is free. you can copy and paste the code into the indicator editor. then you will be able to use the indicator.
step:
1. bring up the indicator manager
three ways to do it.
a) single click on the left edge of the chart.
b) from the main menu, click Tools -> indicator...
it is an indicator that helps to make better trading decision, not a trading system. if somebody can make it into a trading system, i would love to know.
This oscillator find bottom very accurately. The signal is not generated very offen, but the accuracy is high. It is also good for swing trading. Follow the red and green for buy and sell should make pretty good trades.
here is the EasyTrader code:
(EasyTrader can be downloaded from...
here is an EasyTrader code for an Forward indicator. It turns earlier than the ordinary MACD.
DIFF:=(C-MA(CLOSE,13))*10;
k:EMA(MA(DIFF,7),1),COLOR00ffff;
d:EMA(k,7),COLORff33ff;
MACD: (k-d),colorstick;