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

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Darren,

Yes, that is correct.

Let me also add that others might also want to take a look at this. 
Its much more sensitive than a MACD.


Preston


--- In equismetastock@xxxxxxxxxxxxxxx, Darren Liew <darrenliew@xxx> 
wrote:
>
> 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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> 
> 
> 
> 
>       
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