Re: MACD-HISTOGRAM

[Chip Anderson <chipamy@xxxxxxxxx>]

Oppps!  Forgot the exploration.  Sorry.  Here's a simple example:

1. Bring up the Explorer and press "New"
2. Choose a name (suggest "MACD Difference")
3. In the "Column A" tab enter:
       LinRegSlope(Fml("MACD Difference"), 3)
4. In the "Column B" tab enter:
       Fml("MACD Difference")
5. In the "Filter" tab enter:
       (colA > 0 AND (colB > 0 AND colB < 0.01))
       OR
       (colA < 0 AND (colB < 0 AND colB > -0.01))
6. Save it a go!

Note: Substitute whatever treshhold value you want for the 0.01 I
chose.

Good luck,
Chip



---Chip Anderson  wrote:
>
> Hi Mark,
> 
> Here's how I created the MACD histogram.  First I had to define a new
> custom indicator (you only need to do this once):
> 
> 1. Bring up the Indicator Builder and press "New"
> 2. I use the name "MACD Difference" for my indicator.  Feel free to
> name the indicator whatever suits you.
> 3. Enter the following in the formula section:
>              MACD() - Mov(MACD(), 9, EXPONENTIAL) 
> 4. Save that sucker by pressing OK and then CLOSE.
> 
> OK, now we can create that MACD Histogram on any price chart with the
> following steps:
> 
> 1. (Optional) Drop the MACD indicator at the top of your price chart
> to create a new inner window with the MACD lines in it.
> 2. Drop the "MACD Difference" indicator in an inner window (I use the
> same window that the MACD lines are in).
> 3. Pull up the "Properties" of the MACD Difference line and use the
> "Color/Style" tab to change it's "Style" from a single line into a
> histogram (I also make mine blue).
> 
> You can create a simple MACD Difference system test using the
> following steps:
> 
> 1. Pull up the System Tester and press "New..."
> 2. Name the test something like "MACD Difference"
> 3. Under the "Enter Long" tab, enter the following formula:
>       Fml("MACD Difference") > 0
> 4. Under the "Close Long" tab, enter:
>       Fml("MACD Difference") <= 0
> 
> Good luck!
> Chip
> 
> 
> ---FFCorps@xxxxxxx wrote:
> >
> > Hi Folks:
> > 
> > I'm new at this and wondering if anyone has ever done an
exploration
> or built
> > an indicator using weekly MACD-Histogram data. I'd like to identify
> stocks
> > with MACD-Histogram lines which are rising toward zero for buys.
> Conversely
> > I'd like to identify stocks with MACD-Histogram lines which are
> falling
> > toward zero as possible sells. 
> > 
> > Has anyone had any experience working with this?  Thanks for your
> time.
> > 
> > Mark Titus
> > 
> > 
> 
> _____________________________________________________________________
> Sent by Yahoo! Mail - http://mail.yahoo.com
> 
> 

_____________________________________________________________________
Sent by Yahoo! Mail - http://mail.yahoo.com