logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Options
Go to last post Go to first unread
Shelley  
#1 Posted : Thursday, February 2, 2006 8:34:51 PM(UTC)
Shelley

Rank: Member

Groups: Registered, Registered Users
Joined: 2/7/2005(UTC)
Posts: 16
Location: BC

Hi: I collect daily data from Reuters, but I want to develop a scan that will find stocks that have "crossed" the MACD's baseline during the week. Does that make any sense? Let me put it this way. The MACD signals on a daily chart are too numerous, not to mention many of them go nowhere. A weekly chart is better and confirms many other things, for example, the strength of the"crossover" of the MACD to the upside, other moving average crossovers, the momentum, etc. If I could draw a picture for the results I am looking for on a weekly chart it might look something like this: __________________l_____________________________________________________ The "l" represents the first time in usually a long time that the stock has turned up. Previously, on a daily chart, it may have turned up a month ago, but as I said it's usually too soon to be confirmed by other indicators. Can anyone help? Thanks! Shelley
Jose  
#2 Posted : Friday, February 3, 2006 12:44:21 AM(UTC)
Jose

Rank: Advanced Member

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

Was thanked: 2 time(s) in 2 post(s)
Shelley, maybe the weekly MACD for daily charts can help here. jose '-)
Users browsing this topic
Guest (Hidden)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.