Rank: Member
Groups: Registered, Registered Users Joined: 9/13/2006(UTC) Posts: 24
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Hi Guys!
I need this formula to select all the securities with Macd Histogram (9) rising and/or declining from the previous bar.
Thanks a lot,
Regards
Lordvader
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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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Are you referring to a standard MACD (12,26) along with a 9 period signal line? If so the formula would be as follows:
{Rising} X:=MACD()-Mov(MACD(),9,E);{MACD Histogram} X > Ref(X,-1)
{Falling} X:=MACD()-Mov(MACD(),9,E);{MACD Histogram}
X < Ref(X,-1)
The use of variables is not required but can make it a little easier to make sense of the formula portion. If you wanted to set up a scan (Exploration) you can put this into a New Exploration in The Explorer. Just put each formula into a Column and you can sort the list on whether they're rising or falling.
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Rank: Member
Groups: Registered, Registered Users Joined: 9/13/2006(UTC) Posts: 24
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Pyradius wrote:Are you referring to a standard MACD (12,26) along with a 9 period signal line? If so the formula would be as follows:
{Rising} X:=MACD()-Mov(MACD(),9,E);{MACD Histogram} X > Ref(X,-1)
{Falling} X:=MACD()-Mov(MACD(),9,E);{MACD Histogram} X < Ref(X,-1)
The use of variables is not required but can make it a little easier to make sense of the formula portion. If you wanted to set up a scan (Exploration) you can put this into a New Exploration in The Explorer. Just put each formula into a Column and you can sort the list on whether they're rising or falling.
Thanks a lot for your help Pyradius. That's what I was looking for.
Could you post the same formula but this time for the Expert Advisor?
Best Regards,
Lord
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