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Steven  
#1 Posted : Saturday, January 6, 2007 2:18:19 PM(UTC)
Steven

Rank: Member

Groups: Registered, Registered Users, Subscribers
Joined: 12/8/2005(UTC)
Posts: 14
Location: Edmonton, Alberta

I am looking to see if someone knows a formula or ratio to calculate how many bars would be the equivalent of a macd value. For example, if the macd has a value of 0.001, how many bars would that represent? To illustrate that better, if you were to measure with a ruler the distance from the macd value of 0.001 to the 0 line, then take that measurement and measure horizontal to see how many bars that value would be.

The problem I am having is once you adjust the scaling on the charts, if effects the width and not the height so depending on your horizontal scale you will always get a different number of bars on the calculation. Does anyone have any suggestion how this can be done when using different scales.

Thanks, Steven

Jose  
#2 Posted : Sunday, January 7, 2007 7:44:01 AM(UTC)
Jose

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Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth

Was thanked: 2 time(s) in 2 post(s)
Steven, you can calculate the % of bars that fall within a normalized (+/-100) MACD range. Since I'm unable to post MS code efficiently on this forum, perhaps others will have a look at this. jose '-)
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