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Jean:
One simple way would be to draw a trend line through the last 2 points on
the MACD. Another way is to draw a linear regression line through the last
3 or more points. You might be able to program this in metastock.
Quoting Kennedy Sr., the father of our late president, you cant buy at the
lows or sell at the highs. There is always some lag in any system.
Lionel
-----Original Message-----
From: Augustin Bataille <Jean.Bataille@xxxxxxxxxxxxxxxx>
To: Metastock mailing list <metastock@xxxxxxxxxxxxx>
Date: Sunday, March 21, 1999 11:53 AM
Subject: MACD derivative
>Hi,
>
>As you know, MACD is always bottoming or topping before crossing its
>trigger line.
>However, the MACD signal comes always a bit late compared to price
>movement.
>Is there any way to calculate the MACD first derivative function to
>identify MACD tops/bottoms, that could be use by the Explorer or the
>SystemTester?
>Any suggestion is welcome
>Kind regards,
>Augustin Bataille
>Belgium
>
>
>
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