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Re: [EquisMetaStock Group] Formula to predict price point at which MACD-Histogram will reverse its slope.



PureBytes Links

Trading Reference Links

There is a method for solving what the close would have to be for the
trigger line to cross, and/or the MACD to cross zero.

See Jerry G. presentation at  http://www.torontometastockusers.com

-Corey Saxe

----- Original Message -----
From: "Frank Greenleaf" <frankgreenleaf@xxxxxxxxxxxxxx>
To: "EquisMetastock Group" <equismetastock@xxxxxxxxxxxxxxx>
Sent: Friday, February 21, 2003 12:01 AM
Subject: [EquisMetaStock Group] Formula to predict price point at which
MACD-Histogram will reverse its slope.


> I am using a system that has has MACD Histogram as an integral part.
>
> I have been trying to rap my head around some code that will plot an
> indicator one day ahead into the future, allowing the plot of a predicted
> Close price point that would indicate the MACD-Histogram reveral point for
> tomorrow.
>
> ie.
> 1. For down sloping MACD-Histogram, if the closing price tomorrow is above
> the value of this Indicator, then MACD-Histogram will tick up, and
> 2. For up sloping MACD Histogram, if the closing price is below the value
of
> this Indicator, then MACD-Histogram will tick down.
>
> I'm thinking this may help with an entry/exit before the close of days
> trade.
>
> Has anyone successfully cracked this one?
>
> At present I am opening Downloader, entering tomorrow's date and
> experimenting my manually entering a series of closing prices, switching
> back to chart of MACD Histogram to find the Closing price that will
trigger
> MACD-Histogram change of slope. Very intensive effort.
>
>   Thanks, Frank
>
>
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