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No, the conventional Macd involves the 9 EMA as the trigger. What you
describe is Mov(C,12,E)-Mov(C,26,E). Format this in Histogram form
and when it crosses the 0 line it is triggered. This is the formula
that FastTrack calls Accutrack and I refer to as Appeltrack to give
credit to the father of the Macd, George Appel. This works best when
applied to Comparative Strength Lines and not individual securities.
Jeffrey L. Grover wrote:
>
> Bill,
>
> Is this equivalent to saying you have a:
>
> MACD(12,26,9) in OSC form using a 0 trigger?
>
> At 07:52 AM 11/24/97 -0500, Bill Saxon wrote:
> >C)-
> >Mov(Mov(C,12,E)-Mov(C,26,E),9,E) This should do it. Change the
> >variables as you see fit. This formula just pulls the Trigger Line of
> >9 flat and shows the degree of the excursions above and below and the
> >crossovers.
> >
>
> +-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+
> Jeffrey L. Grover voice: (404)894-8961
> Ga Tech/GTRI/ITTL fax: (404)894-9081
> 347 Ferst Dr. N.W. noman@xxxxxxxxxx
> Atlanta, Ga 30332 jeff.grover@xxxxxxxxxxxxxxx
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