Re: [amibroker] MACD Histogram, AmiBroker Email List Archive

OK, here is a simplified version that you can add to:

First, let's be clear on your condition. As I understand, you want to buy when have 4 consecutive (I assume) down histogram bars followed by an up histogram bar plus MACD() > 0 and RSI() > 30. If so, cut and paste the following in Formula Editor, click Analysis, and Scan.

x = macd();

y = signal();

hist = x - y;

z = hist < ref(hist, -1);

buy = sum(z, 5) == 4 and hist > ref(hist, -1) and macd() > 0 and rsi() > 30;

If you want to see the results graphically add the following and plot to see the histogram with buy signals:

color = iif(hist > ref(hist, -1), colorbrightgreen, colorred);

plot(hist, "", color, stylehistogram|stylenolabel);

plotshapes(shapesmallcircle * buy, coloryellow, 0, z);

Bill

----- Original Message -----

From: David LW

To: fimdot@xxxxxxcom

Sent: Thursday, October 18, 2007 1:17 AM

Subject: Re: [amibroker] MACD Histogram

Hi Wavemechanic,

Thank you for your reply.
I know nothing in programming to know where to put it :(

Regards
David

wavemechanic <fimdot@xxxxxxcom> wrote:

Just add something like this properly including your conditions and then scan:

Buy = iif(sum(hist > histprev, 5) == 4 and ref(hist < histprev, -1), 1, 0);

Bill

----- Original Message -----
From: "protraderinc" <protraderinc@yahoo.com>

To: <amibroker@xxxxxxxxxps.com>

Sent: Wednesday, October 17, 2007 12:12 PM

Subject: [amibroker] MACD Histogram

> Hi everyone,
>
> I just bought Amibroker for stocks trading. I usually use a small
> setup criteria to scan for my stocks but now I can't :(
>
> I would like to seek help to write the scanner.
>
> Settings:
> MACD default,
> I look for Histogram 4 down bars and 1 up bar for buy signal(I used to
> have the histogram set to red for down and blue for up so I can see
> clearly) I have this indicator but was give to me with another setting
>
> MACD above Zero Line
>
> RSI Above 30
>
> This system is base on trend trading. Buying on pullback when the
> market continue its up trend.
>
> Thank you for your help in advance, greatly appreciated :)
>
>
>
>
> r1 = Param( "Fast avg", 12, 2, 200, 1 );
> r2 = Param( "Slow avg", 26, 2, 200, 1 );
> r3 = Param( "Signal avg", 9, 2, 200, 1 );
> Plot( ml = MACD(r1, r2), StrFormat(_SECTION_NAME()+"(%g,%g)", r1, r2),
> ParamColor("MACD color", colorAqua ), ParamStyle("MACD style",
> styleThick) );
> Plot( sl = Signal(r1,r2,r3), "Signal" + _PARAM_VALUES(),
> ParamColor("Signal color", colorRed ), ParamStyle("Signal style",
> styleThick) );
> //Plot( ml-sl, "MACD Histogram", ParamColor("Histogram color",
> colorBlack ), styleNoTitle | ParamStyle("Histogram style",
> styleHistogram | styleNoLabel, maskHistogram ) );
>
> m1=MACD(r1,r2);
> s1=Signal(r1,r2,r3);
> Hist= m1-s1;
> Histprev=Ref(Hist,-1);
>
> Color = IIf(Hist>Histprev,ParamColor("MACD-H Up Color", colorGreen),
> IIf(hist<histprev,ParamColor("MACD-H Down
> Color",colorCustom16),colorRed));
>
> Plot(m1-s1,"MACD Histogram",Color,styleHistogram|styleNoTitle|styleThick);
>
>
>
> SetChartBkGradientFill( ParamColor("Backgroud Top Color",
> colorRed),ParamColor("Background Bottom Color", colorDarkGrey));
>
>
>
> //This indicator shows the value of tomorrow's Closing Price
> //in order for the slope of the MACD Histogram to change Direction.
> //(ie. changing from a positive slope to a negative slope OR changing
> //from a negative slope to a positive slope)
> GraphXSpace = 8;
>
>
> f1 = ((r3+1)*M1-2*S1)/(r3-1);
> f2 = EMA(C,r1)*(r1-1)/(r1+1);
> f3 = EMA(C,r2)*(r2-1)/(r2+1);
> f4 = 2/(r1+1) - 2/(r2+1);
>
> dcv = (f1-f2+f3)/ f4;
>
>
> Title = Name() + " - " + FullName() + " - " + Date() + " - Close
> = " +
> WriteVal(C,0.3) + " - DCV = " + WriteVal(dcv,0.3);
>
>
>
> Please note that this group is for discussion between users only.
>
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