Rank: Member
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Joined: 9/13/2006(UTC)
Posts: 24
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Hi Guys!
I'd need a formula for the expert advisor: displaying a green ribbon (bullish) when a standard Macd histogram is rising in the past 2 day and, a red ribbon (bearish) when the same Macd Histogram is declining in the same period.
Thanks again!
Regards,
Lord
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 9/13/2004(UTC)
Posts: 673
Location: Salt Lake City, UT
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These formulas should work:
{Bullish}
Sum(MACD()-Mov(MACD(),9,E) > Ref(MACD()-Mov(MACD(),9,E),-1),2)=2
{Bearish}
Sum(MACD()-Mov(MACD(),9,E) < Ref(MACD()-Mov(MACD(),9,E),-1),2)=2
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Rank: Member
Groups: Registered, Registered Users
Joined: 9/13/2006(UTC)
Posts: 24
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Pyradius wrote:These formulas should work:
{Bullish}
Sum(MACD()-Mov(MACD(),9,E) > Ref(MACD()-Mov(MACD(),9,E),-1),2)=2
{Bearish}
Sum(MACD()-Mov(MACD(),9,E) < Ref(MACD()-Mov(MACD(),9,E),-1),2)=2
Thanks Pyradius, but I think there is something wrong: when Macd histogram is increasing I have some neutral and bearish zones in that period and vice versa.
Couls you help again?
Thanks
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 9/13/2004(UTC)
Posts: 673
Location: Salt Lake City, UT
|
I had thought you meant the MACD Histogram had to be rising for 2 days before determining Bullish or Bearish. If you just want to compare 1 day changes you can use the formulas below instead.
{Bullish}
MACD()-Mov(MACD(),9,E) > Ref(MACD()-Mov(MACD(),9,E),-1)
{Bearish}
MACD()-Mov(MACD(),9,E) < Ref(MACD()-Mov(MACD(),9,E),-1)
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