Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 6/16/2005(UTC) Posts: 6
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Hi i wonder if anyone can help me please, I have been following the discussions on trying to find out when MACD is diverging for price but it has not helped me with what i am looking for. Basiclly I am looking for stocks that have had a
macd crossover (1) (which is below 0)
then another macd crossover(2) which < the previous macd crossover(1)
then another macd crossover(3) which is > the previous macd crossover(2)
all these crossover are below the 0
I am hoping to find a sort of head and shoulders pattern in macd (which will be in a weekly chart to avoid wip-saws)
I have tried using the troughs function but with no luck, the results are to random.
I have the knowledge with creating current macd crosssovers but i dont know how to reference previous crossovers, so if anyone could help.......my head could stop thumping. ](*,)
thanks :lol:
:lol:
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266
Was thanked: 1 time(s) in 1 post(s)
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CD:=Cross(0,MACD());
CD and MACD()>ValueWhen(2,CD,MACD()) and ValueWhen(2,CD,MACD())<ValueWhen(3,CD,MACD())
Try something like that.
I did not check or test this .... Use at your own risks .... :D
Patrick
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 6/16/2005(UTC) Posts: 6
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Thanks Patrick i will give it a go tonight and see how it goes.
cheers
byron
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