|
PureBytes Links
Trading Reference Links
|
Preston (and all board members):
I posted a file (MACD.png) to demonstrate the pattern I would like
to code for. By the way, I found the formula for the MACD
histogram. Is there a way to make the indicator come up
automatically as a histogram vs. a line?
Thanks again in advance
Jim
--- In equismetastock@xxxxxxxxxxxxxxx, stinkerstock <no_reply@xxxx>
wrote:
>
>
> Thanks for the help Preston.
>
> Your formula worked like a charm. I think I will post a .png
image
> re that MACD question so that everyone can get the idea I was
trying
> to convey.
>
> Again, thanks for your help.
>
> Jim
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
wrote:
> >
> > 1.
> >
> > Bullish:= (O)<Ref(C,-1) AND
> > (L)<Ref(L,-1) AND
> > (H)>Ref(H,-1) AND
> > (C)>Ref(H,-1);
> >
> > Bearish:= (O)>Ref(C,-1) AND
> > (L)<Ref(L,-1) AND
> > (H)>Ref(H,-1) AND
> > (C)<Ref(L,-1);
> > Bullish;Bearish*-1;
> >
> >
> > 2. Rather than venture a quess I concede to it being too
esoteric
> for
> > me.
> >
> > Preston
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, stinkerstock
> <no_reply@xxxx>
> > wrote:
> > >
> > >
> > > Hello to all.
> > >
> > > I am a relatively new user of metastock and its indicator
> builder
> > > interface. I'm trying to create 2 new indicators, but I'm
> having
> > > some difficulty. Here are my indicators:
> > >
> > > #1: I want to build * one * indicator to code for a bearish
and
> > > bullish engulfing candle form. I can code for both but I
would
> > like
> > > to combine both formulae into 1 indicator. Here are the
> formulae:
> > >
> > > Bullish: (O)<Ref(C,-1) AND
> > > (L)<Ref(L,-1) AND
> > > (H)>Ref(H,-1) AND
> > > (C)>Ref(H,-1)
> > >
> > > Bearish: (O)>Ref(C,-1) AND
> > > (L)<Ref(L,-1) AND
> > > (H)>Ref(H,-1) AND
> > > (C)<Ref(L,-1)
> > >
> > > Now my indicators will work seperately (both giving a positive
1
> > > spike when the condition exists), but I would like to combine
> the
> > > two formulae so that the bullish condition creates a +1 spike,
> and
> > > the bearish condition creates a -1 spike. It seems like the
> > > indicator builder only permits a true (+1) and false (0)
> reading.
> > > Sorry if this is too rudimentary for you guys.
> > >
> > > #2 My second problem is a bit more esoteric. Basically, I
have
> > > noticed that the MACD histogram can have predictive value
under
> > > certain circumstances. Specifically, suppose a market is
> trending
> > > down in waves and the histogram is following suite. I have
> noticed
> > > that (and this is hard to explain) when the MACD histogram
> crosses
> > > the 0 line and exceeds the prior histogram peek, a low is
> probably
> > > in place. How would one generally go about coding for that
> > > scenario? Has anyone seen any "canned" codes that wmight help
> with
> > > this project?
> > >
> > > Thanks in advance.
> > >
> > > Jim
------------------------ Yahoo! Groups Sponsor --------------------~-->
Has someone you know been affected by illness or disease?
Network for Good is THE place to support health awareness efforts!
http://us.click.yahoo.com/Rcy2bD/UOnJAA/cosFAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> 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/
|