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uasish  
#1 Posted : Sunday, March 18, 2007 2:07:46 AM(UTC)
uasish

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Hi,

This is my MACD

.........................8.....................................

a:= TSF(C,3)+TSF(C,5)+TSF(C,8)+TSF(C,13)+TSF(C,17)+TSF(C,26);
b:= TSF(C,8)+TSF(C,13)+TSF(C,26)+TSF(C,35)+TSF(C,50)+TSF(C,56);
mova:= TSF(a,3);
movb:=TSF(b,26);
diff:= a + mova;
diff1:= b + movb;
m:= diff - diff1;
m1:= TSF(m,5)*.5;
Ref(m1,-1);
m1;

............................8.............................................

Asish

uasish  
#2 Posted : Sunday, March 25, 2007 7:53:25 PM(UTC)
uasish

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Hi,

It has been pointed out that the above code may give an early entry but in case of whipsaw or consolidation phase m1 > 0 rides the trend better.(In Trader's Consortium)

Asish

mwaseemtaqi  
#3 Posted : Sunday, April 29, 2007 12:26:44 PM(UTC)
mwaseemtaqi

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Hi Asish,

How does this macd work, what to see in it to get in nad out from trade?

Regards

WT

uasish  
#4 Posted : Monday, April 30, 2007 7:05:56 PM(UTC)
uasish

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mwaseemtaqi,

Same as in any MACD.

Asish

amory  
#5 Posted : Tuesday, May 1, 2007 2:54:04 AM(UTC)
amory

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a very lively wavey MacD. I like it. thank you Asish.

if you don't mind me asking: << ... but in case of whipsaw or consolidation phase m1 > 0 rides the trend better >> where would you be putting that m1 > 0 in the formula?

uasish  
#6 Posted : Thursday, May 3, 2007 3:04:07 AM(UTC)
uasish

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amory,

For visual inspection you can put a line with zero parameter ,alternatively add

.................8.............

0;

.................8.................

in the last line.

Asish

billsingh  
#7 Posted : Monday, May 7, 2007 10:36:37 AM(UTC)
billsingh

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Do you use this code as an indicator or exploration ???
uasish  
#8 Posted : Tuesday, May 8, 2007 11:10:02 AM(UTC)
uasish

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This is another way of looking at the MACD ,with it's limitation.Kindly refer the earlier posts.
amory  
#9 Posted : Tuesday, May 8, 2007 4:45:12 PM(UTC)
amory

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on chart, it looks good. but it works equally well in an exploration. lots of explorations have the MacD in them somewhere. frinstance, there is an "Equis - Macd buy-signal" explo using the basic one-line formula for MacD and nothing else.

my guess is: Asish's formula is better.

by the way Asish, I decided not to change the original text after all (that bottom-line).

uasish  
#10 Posted : Saturday, May 12, 2007 11:54:51 AM(UTC)
uasish

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amory,

Upto the user ,how it suits best.

Asish

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