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Formula / Function - Alerting (1) MACD fast line or (2) Simple Moving Average Line; Gradient = 0 (i.e. change in direction)
Rank: Member
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Joined: 2/15/2013(UTC)
Posts: 13
Location: Hong Kong
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Dear Fellows,
Can any person suggest how to write a function / formula on
Alerting (1) MACD fast line or (2) Simple Moving Average line;
When the gradient = 0 (i.e. change in direction of the MACD line or SMA line)
Thank you
bh2007 2014-07-16
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Rank: Advanced Member
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Joined: 7/25/2005(UTC)
Posts: 1,042
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Hi BH
Is this what you're trying to capture?
{MACD Downturn}
M:=MACD();
M<Ref(M,-1) AND Ref(M,-1)>Ref(M,-2);
{MACD Signal Line Downturn}
M:=Mov(MACD(),9,S);
M<Ref(M,-1) AND Ref(M,-1)>Ref(M,-2);
Roy
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Rank: Member
Groups: Registered, Registered Users
Joined: 2/15/2013(UTC)
Posts: 13
Location: Hong Kong
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Thank you Roy for your help
I will try this in my test
BH2007 2014-07-27
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Formula / Function - Alerting (1) MACD fast line or (2) Simple Moving Average Line; Gradient = 0 (i.e. change in direction)
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