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

Notification

Icon
Error

Options
Go to last post Go to first unread
corrado  
#1 Posted : Thursday, November 5, 2020 8:42:49 AM(UTC)
corrado

Rank: Newbie

Groups: Registered Users, Subscribers
Joined: 3/26/2015(UTC)
Posts: 7

Thanks: 5 times

Hi, I'm looking for a system to put in EXPERT ADVISOR or EXPLORER to identify divergence on MACD. I have seen in previous ideas on this forum that there are many discussions and listings but I can't manage to work or even understand the concepts expressed due to my limitations in programming and knowledge of the English language. Please would there be any members of this community who can post the listings? Thanks anyway​​​​​​​!

Edited by user Thursday, November 5, 2020 8:51:31 AM(UTC)  | Reason: Not specified

MS Support  
#2 Posted : Thursday, November 5, 2020 4:55:33 PM(UTC)
MS Support

Rank: Advanced Member

Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960

Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
Originally Posted by: corrado Go to Quoted Post

Hi, I'm looking for a system to put in EXPERT ADVISOR or EXPLORER to identify divergence on MACD. I have seen in previous ideas on this forum that there are many discussions and listings but I can't manage to work or even understand the concepts expressed due to my limitations in programming and knowledge of the English language. Please would there be any members of this community who can post the listings? Thanks anyway​​​​​​​!

Hi,

We do have a custom formula on our web site that you may find useful for this. It is configured for MACD but can be modified to work with other indicators - https://www.metastock.com/customer/resources/formulas/?id=18

thanks 1 user thanked MS Support for this useful post.
corrado on 11/5/2020(UTC)
corrado  
#3 Posted : Friday, November 6, 2020 9:35:36 AM(UTC)
corrado

Rank: Newbie

Groups: Registered Users, Subscribers
Joined: 3/26/2015(UTC)
Posts: 7

Thanks: 5 times
Originally Posted by: MS Support Go to Quoted Post
Originally Posted by: corrado Go to Quoted Post

Hi, I'm looking for a system to put in EXPERT ADVISOR or EXPLORER to identify divergence on MACD. I have seen in previous ideas on this forum that there are many discussions and listings but I can't manage to work or even understand the concepts expressed due to my limitations in programming and knowledge of the English language. Please would there be any members of this community who can post the listings? Thanks anyway​​​​​​​!

Thanks for the kind suggestion. I inserted the listing you suggested in an EXPERT SYMBOL but it did not return any signals with obvious divergences. where am i wrong? For example, I am attaching a chart (SWN title with hourly bars, with divergence in October) with MACD divergence but that the formula does not report. Thanks and sorry for the inconvenience

Hi,

Correl(((Sum(Cum(1)*(Mov(C,12,E)-Mov(C,26,E)),100))-(Sum(Cum(1),100)* Sum((Mov(C,12,E)-Mov(C,26,E)),100)/100))/((Sum(Power(Cum(1),2),100))- (Power(Sum(Cum(1),100),2)/100)),((Sum(Cum(1)*C,100))-(Sum(Cum(1),100)* Sum(C,100)/100))/((Sum(Power(Cum(1),2),100))-(Power(Sum(Cum(1),100),2)/100)),12,0)

Edited by user Friday, November 6, 2020 9:37:30 AM(UTC)  | Reason: Not specified

MS Support  
#4 Posted : Friday, November 6, 2020 4:14:45 PM(UTC)
MS Support

Rank: Advanced Member

Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960

Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
Originally Posted by: corrado Go to Quoted Post
Originally Posted by: MS Support Go to Quoted Post
Originally Posted by: corrado Go to Quoted Post

Hi, I'm looking for a system to put in EXPERT ADVISOR or EXPLORER to identify divergence on MACD. I have seen in previous ideas on this forum that there are many discussions and listings but I can't manage to work or even understand the concepts expressed due to my limitations in programming and knowledge of the English language. Please would there be any members of this community who can post the listings? Thanks anyway​​​​​​​!

Thanks for the kind suggestion. I inserted the listing you suggested in an EXPERT SYMBOL but it did not return any signals with obvious divergences. where am i wrong? For example, I am attaching a chart (SWN title with hourly bars, with divergence in October) with MACD divergence but that the formula does not report. Thanks and sorry for the inconvenience

Hi,

Correl(((Sum(Cum(1)*(Mov(C,12,E)-Mov(C,26,E)),100))-(Sum(Cum(1),100)* Sum((Mov(C,12,E)-Mov(C,26,E)),100)/100))/((Sum(Power(Cum(1),2),100))- (Power(Sum(Cum(1),100),2)/100)),((Sum(Cum(1)*C,100))-(Sum(Cum(1),100)* Sum(C,100)/100))/((Sum(Power(Cum(1),2),100))-(Power(Sum(Cum(1),100),2)/100)),12,0)

Hi again and sorry about that. That formula would probably work best in Explorer as you can sort the results.

For it to work as a symbol, you would probably want to compare the formula to a specific value.

You could create a couple formulas for Expert Symbols, i.e.

{Divergence}

Code:
Correl(((Sum(Cum(1)*(Mov(C,12,E)-Mov(C,26,E)),100))-(Sum(Cum(1),100)*
Sum((Mov(C,12,E)-Mov(C,26,E)),100)/100))/((Sum(Power(Cum(1),2),100))-
(Power(Sum(Cum(1),100),2)/100)),((Sum(Cum(1)*C,100))-(Sum(Cum(1),100)*
Sum(C,100)/100))/((Sum(Power(Cum(1),2),100))-(Power(Sum(Cum(1),100),2)/100)),12,0) <= -.80

and 

{Correlation}

Code:
Correl(((Sum(Cum(1)*(Mov(C,12,E)-Mov(C,26,E)),100))-(Sum(Cum(1),100)*
Sum((Mov(C,12,E)-Mov(C,26,E)),100)/100))/((Sum(Power(Cum(1),2),100))-
(Power(Sum(Cum(1),100),2)/100)),((Sum(Cum(1)*C,100))-(Sum(Cum(1),100)*
Sum(C,100)/100))/((Sum(Power(Cum(1),2),100))-(Power(Sum(Cum(1),100),2)/100)),12,0) >= .80

Edited by user Monday, November 9, 2020 3:35:31 PM(UTC)  | Reason: Not specified

thanks 1 user thanked MS Support for this useful post.
corrado on 11/9/2020(UTC)
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.