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Regards
Jim
/*MACD Ken's Challenge*/
//=Red===================
Gr1 = MACD(17,7);
Gr2 = Signal(17,7,5);
Diffr = Gr1-Gr2;
Plot((LastValue(Highest(diffr))/LastValue(Highest(diffr)))
*Diffr,"Diff",colorRed,2+4);
//=Green===================
Gr1 = MACD(5,13);
Gr2 = Signal(5,13,5);
Diffg = Gr1-Gr2;
Plot((LastValue(Highest(diffr))/LastValue(Highest(diffg)))
*Diffg,"Diff",colorBrightGreen,2+4);
//=Blue===================
Gr1 = MACD(17,14);
Gr2 = Signal(17,14,5);
Diffb = Gr1-Gr2;
Plot((LastValue(Highest(diffr))/LastValue(Highest(diffb)))
*Diffb,"Diff",colorBlue,2+4);
//=Yellow===================
Gr1 = MACD(12,18);
Gr2 = Signal(12,18,4);
Diffy = Gr1-Gr2;
Plot((LastValue(Highest(diffr))/LastValue(Highest(diffy)))
*Diffy,"Diff",colorYellow,2+4);
Plot(0,"",7,4);
GraphXSpace=5;
// END CODE
/*Here is an interesting set of indicators AND A programming
challenge for the more advanced AFL user.
The code was first developed in TC2000 AND consists of four
overlayed MACD histograms, made to display with different colors.
(Disclaimer: I did NOT develop this indicator; it was shared with me
from the
Dallas FastTrack Users Group--I did create the AB code but am unable
to
solve the problem--hence this challenge.)
This produces A "visual" Signal AND actions are taken based on the
color combinations.
For example, When red is on top (AND green on thebottom)
you want to be Short OR in cash.
There are two additional colors that help one determine when to enter
AND when to exit.
When green is on top AND one notices that the tips of the green
histrogram are turning
yellow AND the red histrograms on the bottom are getting blue tips,
then
go to cash now OR Short now.
If red is at the top AND starts to form blue tips OR yellor tips are
forming on the green while green is in the
bottom of the chart, then one wants to go long with the fund OR stock.
Of course, other indicates are also used*/
--- In amibroker@xxxxxxxxxxxxxxx, "mrdavis9" <mrdavis9@xxxx> wrote:
> I have lost my copy of the Bob Cummins 4MACD. I could not get it
to show up in a search in the archives as well as the AFL library.
>
> I would appreciate receiving anothe copy of it.
>
> BTW, I would also appreciate any tips on how I could have
successfully used the library or archives to find it will be
appreciated. Ron D
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