|
PureBytes Links
Trading Reference Links
|
Stephane,
I run your "~bullmacd" and the respective "~bearmacd".
Unfortunately it is not so descriptive for the market trend.
When plotting both on the same graph, areas with bull>bear are not
clearly bullish.
The reason it what I have mentioned in the previous reply.
MACD()>0 is not a bullish condition, when the curve is descending
from its peak to 0.
Take a look at both graphs and you will see
DT
--- In amibroker@xxxx, "dtsokakis" <TSOKAKIS@xxxx> wrote:
> Stephane,
> This is another, quite interesting, artificial ticker.
> I consider MACD()>SIGNAL() as more bullish condition than the
simple
> MACD()>0, which holds long time after the Cross(signal(),macd()).
> I have never use MACD()>0 composites. Did you ?
> Are they interesting ?
> As for my ~macdbull and ~macdbear, details at
> http://www.amibroker.com/library/formula.php?id=177
> DT
> --- In amibroker@xxxx, "nenapacwanfr" <nenapacwanfr@xxxx> wrote:
> > Hi, Marek,
> >
> > AddToComposite( MACD() > 0, "~BullMACD", "V");
> > graph0 = Foreign("~BullMACD", "V");
> >
> >
> > > On Thursday 27 June 2002 10:36, dtsokakis wrote:
> > > > Thank you for the index, although we can not arise many info
> > from a
> > > > single index.
> > > > If you find the time scan ~macdbull and ~macdbear to have a
> first
> > > > idea of directionality.
> > >
> > > what do you mean by ~macdbull and ~macdbear. did i miss the
> > important thread
> > > on the group (i know, i have missed many of them ;-)
> > >
> > > --
> > > Marek Chlopek
> > > Email: mchlopek@xxxx
|