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Oh, one more thing that is very important - change the Explorer's
default "Data Loading" option!
1.) Open the Explorer window and press "Options..."
2.) Click on "Load 1300 Records"
3.) Press OK
If you use the default of "Load Minimum Records", your values for
MACD() and your exponential moving averages could be off significantly
from what is on your charts, causing my sample exploration to report
incorrect securities.
1300 seems to be a good number to use here - the results are identical
to what the MACD value on the charts is.
For some reason Equis thinks that most people want their explorations
to be less accurate than their charts and trading systems. Makes no
sense to me (unless your are using a computer that is too slow to run
Windows;-). I think they should change this default.
I advise _everyone_ who uses the Explorer to make sure they've changed
this setting.
Chip
---Chip Anderson wrote:
>
> 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
>
>
_____________________________________________________________________
Sent by Yahoo! Mail - http://mail.yahoo.com
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