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Robin,
Great ideas! A "Relative MACD" and a MACD are two completely
different animals. If you want to see when the MACD is flat there is
no need to make it relative.
The use of absolute ISTO is a good idea. It actually saves a few
steps and allows for both the positive and negative comparison at the
same time. I would change the less than argument to less than equal
to, like this:
If(HHV(Abs(Isto),3)<= 0.4,0,1)
You might also want to look at ROC as a percentage.
Preston
--- In Metastockusers@xxxxxxxxxxxxxxx, "Robin Hood" <robinhood@xxxx>
wrote:
> Looking for something that let me know when Macd is in flat
condition, I tried to make relative and not absolute Macd hystogram.
> This, becasuse of may idea was to see when it is around zero point
for every stock and for more than one day.
>
> So, this is my code.
>
>
> --------------------------------------------------------------------
------------
>
>
> PrimaMM:=Input("PrimaMM",2 {Minimum}, 200{Maximum}, 12 {Default} );
> SecondaMM:=Input("SecondaMM", 2 {Minimum}, 200 {Maximum}, 26
{Default} );
> Trigger:=Input("Trigger",2 {Minimum}, 200 {Maximum}, 9{Default} );
>
> MediaFast:=Mov(C ,PrimaMM ,E )/C*100;
> MediaSlow:=Mov(C,SecondaMM,E )/C*100;
> Macd1:= MediaFast - MediaSlow;
> MediaMacd:=Mov(Macd1 ,Trigger,E );
> Isto:=Macd1-MediaMacd;
>
>
> If(HHV(Abs(Isto),3)<0.4,0,1)
>
>
> --------------------------------------------------------------------
------------
>
>
> When indicator value is zero, than Macd should be in a flat
condition.
> Do you think is correct relativize macd hystogram in such a way?
>
> R.
>
>
> PS
> sorry for italian notation... Media = moving average
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