Re: [EquisMetaStock Group] Re: How to create Color Bars in MACD Histogram

[Darren Liew <darrenliew@xxxxxxxxx>]

Hi Preston,

I am looking for the differences between the MACD Line and the Signal Line.

Should I change to the following:

X:=MACD()-Mov(MACD(),9,E);
BLUE:=If(X>Ref( X,-1),X,0) ;
Red:=If(X<Ref( X,-1),X,0) ;
BLUE; Red;

Apprecriate your advise again.
thanks.

Rgds,
Darren Liew


----- Original Message ----
From: pumrysh <no_reply@xxxxxxxxxxxxxxx>
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Thursday, December 13, 2007 1:31:38 AM
Subject: [EquisMetaStock Group] Re: How to create Color Bars in MACD Histogram

Darren,

There is a universal indicator that can be used for this purpose.

{RedGreen Histogram}
X:= {your indicator here};
Green:=If(X> Ref(X,-1) ,X,0);
Red:=If(X<Ref( X,-1),X,0) ;
Green; Red;

In your case change it to:

{RedBlue MACD}
X:=MACD();
BLUE:=If(X>Ref( X,-1),X,0) ;
Red:=If(X<Ref( X,-1),X,0) ;
BLUE; Red;

Hope this helps,

Preston

--- In equismetastock@ yahoogroups. com, Darren Liew <darrenliew@ ...> 
wrote:
>
> Hi,
> 
> I would like to create MACD Histogram with color bars.
> IF Today's MACD Histogram is higher than yesterday, then I want to 
see a Blue color histogram bar.
> IF Today's MACD Histogram is lower than yesterday, then I want to 
see a Red color histogram bar.
> 
> aprecriate your help.
> thanks.
> 
> Rgds,
> Darren Liew
> 
> 
> 
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