PureBytes Links
Trading Reference Links
|
------------------------------------------------------------------------
You cannot reply to this message via email because you have chosen not
to disclose your email address to the group.
To reply: http://groups.yahoo.com/group/equismetastock/post?act=reply&messageNum=5402
------------------------------------------------------------------------
Tom,
Try entering this formula into a custom indicator to see how MACD
performs as compared to your TC2000.
TITLE: Macd Buy & Sell
MACD();
Mov(MACD(),9,EXPONENTIAL);
buy:=Cross(MACD(),Mov(MACD(),9,EXPONENTIAL));
sell:=Cross(Mov(MACD(),9,EXPONENTIAL),MACD());
If(buy,+1,0);
If(sell,-1,0);
Or you can make your own MACD by creating 2 moving averages.
MOV(close,20,s);
MOV(close,5,s);
Will create a MACD with periods of 5 and 20;
My system tests or explorations ALWAYS begin with a simplified custom
indicator so I can verify that the formula works as I expect it to.
Also to verify that what I think I know is valid. It is really
surprising how many "Trading Rules" detailed in technical analysis
books simply do not apply when viewed as a custom indicator in real
charts. So before I accept any "Rule" as valid, I must see it
displayed as in the above simple formula. I have nearly 100 custom
indicators to display simple things like gaps, hi-vol spikes,
clustered hi-vol days, reversals, etc which I use to develop valid
and confirmed trading rules.
Grizz
--- In equismetastock@xxxx, denalitom <no_reply@xxxx> wrote:
> I use the 4MACD in TCNet and am trying to figure out how to use it
> in MetaStock Professional. I'm not super proficient with MetaStock
> and have some questions...
>
> 1) where do you enter the formulas (are they indicators)
> 2) does it end up looking like TC2000's 4MACD?
>
> Thanks a Bunch!
>
> Tom Poole
>
>
> --- In equismetastock@xxxx, "billhebert" <billhebert@xxxx> wrote:
> > Try this,
> >
> > 1stEMA:= Input("1stEMA",1,40,12);
> > 2ndEMA:= Input("2ndEMA",1,40,26);
> > Signal:= Input("Signal",1,20,9);
> > Mov(C,1stEMA,E)-Mov(C,2ndEMA,E);
> > Mov(Mov(C,1stEMA,E)-Mov(C,2ndEMA,E),1,E);
> > Mov(Mov(C,1stEMA,E)-Mov(C,2ndEMA,E),Signal,E);
> > 0
> >
> > You will need to set up the histogram and colors to match the
> Metastock MACD plot.
> > I use - Mov(Mov(C,1stEMA,E)-Mov(C,2ndEMA,E),Signal,E); - to plot
a
> curve so when
> > you make the histogram, you still have a line so you can easily
> see the Histogram
> > line crossover.
> >
> > - B
> > ----- Original Message -----
> > From: alameh101
> > To: equismetastock@xxxx
> > Sent: Monday, September 30, 2002 5:07 PM
> > Subject: [EquisMetaStock Group] Re: MACD formula
> >
> >
> > Thanks Joe. Does the price oscillator have the same function as
> MACD?
> >
> > I am trying to use it in 4MACD.
> >
> > alan
> >
> > --- In equismetastock@xxxx, "Joe J." <jojab@xxxx> wrote:
> > > Use the price oscillator function. MACD values are fixed in
> Equis.
> > >
> > > Joe J.
> > >
> > > -----Original Message-----
> > > From: alameh101 [mailto:no_reply@x...]
> > > Sent: Monday, September 30, 2002 4:54 PM
> > > To: equismetastock@xxxx
> > > Subject: [EquisMetaStock Group] MACD formula
> > >
> > >
> > > Is it possible to change the long & short period from 26 & 12
> to
> > > other numbers in MACD indicator?
> > >
> > > Alan
> > >
> > >
> > >
> > > Yahoo! Groups Sponsor
> > >
> > > ADVERTISEMENT
> > >
> > >
> >
>
<http://rd.yahoo.com/M=219695.2310151.3725769.2113459/D=egroupweb/S=1
> 7
> > 05
> > >
> >
>
375617:HM/A=1226184/R=0/*http://ad.doubleclick.net/jump/N879.ameritra
> d
> > e.
> > > yahoo/B1054521.11;sz=300x250;adc=ZHS;ord=1033430042?>
> > >
> > > <http://us.adserver.yahoo.com/l?
> > M=219695.2310151.3725769.2113459/D=egrou
> > > pmail/S=:HM/A=1226184/rand=346291620>
> > >
> > > To unsubscribe from this group, send an email to:
> > > equismetastock-unsubscribe@xxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service
> > > <http://docs.yahoo.com/info/terms/> .
> >
> >
> > Yahoo! Groups Sponsor
> > ADVERTISEMENT
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > equismetastock-unsubscribe@xxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service.
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|