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I have tried to use the MACD Histogram in a formula.
Hist2 = Signal() - MACD();
Condition3= Hist2 < Ref(Hist2, -1);
Hist1 = MACD() - Signal();
Condition13 = Hist1 < Ref(Hist1, -1);
Buy=Condition3;
Sell=Condition13;
Short=Sell;
Cover=Buy;
The Buy and Sells are not what I want or expected. When I look at the
chart, I should have more. Therefore, I know that this code doesn't
do what I want.
What I want is to know when the MACD Histogram is less that the day
before. When the Signal and the MACD are closer together.
You can see that I am not a programer and just do simple things. What
is wrong and how do I correct it?
Thanks again,
Tom
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