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to avoid whipshaws due to lack of valatility one
should define a minimum macd value for divergences
such as
trs :=input("what value for whatever",0,1,0.02);
[for long] and ((macd()/c)>trs)
[for shorts] and ((macd()/c)<-trs)
of course this treeshold has to be adapted such as
--- superfragalist <j3ttt@xxxxxxxxxxx> wrote:
> No enough information. Elder says a lot of things. I
> don't remember
> anything about writing experts.
>
> Enter Long :
>
> MACDhistogram:=MACD()-Mov(MACD(),9,E);
> Ref(MACDhistogram,-1)>0 AND Ref(Stoch(5,3),-1)<80
>
> Enter Short :
>
> MACDhistogram:=MACD()-Mov(MACD(),9,E);
> Ref(MACDhistogram,-1)<0 AND Ref(Stoch(5,3),-1)>20
>
>
> Basically, you should trade a system using the
> actual indicators
> until you really, really learn them. Nothing
> replaces human
> judgement, especially "experts".
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, mwtang
> <mwtang@xxxx> wrote:
> > Hi ! After reading through the book " Trading for
> a living " by Dr.
> Alexander Elder. I had tried to write formulas
> concerning Macd
> Histogram( bullish & bearish divergence) into Expert
> advisor and
> Explorer but it always fail to work. I hope someone
> can help. Thanks
> you !
>
>
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