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You may not be able to use trough or peak type functions with MACD as
the values can be negative which plays havoc with any function that
has percent change like trough
One suggestion could be to split MACD into positive and negative
components and search on teh negative after you have made them
positive :)
Below is a quick suggestion for consideration
eg
MACDneg = iif( MACD()<0, abs(MACD()), 0 );
MACDpos = iif( MACD()>0, MACD(), 0 );
MACDtrough = peakbars(MACDneg,10,1) ;
On Sat, 15 Jan 2005 21:37:03 -0800 (PST), suree namsiripongpan
<suree_n@xxxxxxxxx> wrote:
>
> Dear All,
>
> I tried to code troughbars(macd(),20,1) but return
> wrong result. but this work well with close variable.
>
> I suspect that MACD has both negative and postitive
> value while close is only positive.
>
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Cheers
Graham
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