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Preston
We are close to the problem now with your solution but I have another
question: Is it possible to give the indicator an direction
coefficient so I can see if it goes up or down?
Regards Jan
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Jan,
>
> The MACD is the difference between two moving averages usually a 12
> and 26. The Moving Average Convergence/Divergence indicator (MACD)
is
> calculated by subtracting the value of a 0.075 (26-period)
> exponential moving average from a 0.15 (12-period) exponential
moving
> average. A 9-period dotted exponential moving average (the "signal
> line") is automatically displayed on top of the MACD indicator line.
>
>
> The ROC(rate of change) is a measure of todays value (usually the
> close) to a value sometime in the past.
>
> Measuring a top or bottom in a MACD is not going to be very useful.
>
> If you are looking for a top or bottom a stochastic is going to be
a
> better choice. The following formula calculates a 5-period %K
> Stochastic Oscillator with 3-period slowing:
> (sum( C - llv(L,5), 3 ) / sum(hhv(H,5) - llv(L,5), 3) ) * 100
>
> Notice that HHV and LLV...tops and bottoms are already part of the
> calculation.
>
>
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "j.geenen" <j.geenen@>
> wrote:
> >
> > Hi all
> >
> > Measuring MACD Tops and Bottoms with ROC is too noisy, is there
> another
> > way in MS to calculate or program this?
> >
> > Regards Jan
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "j.geenen" <j.geenen@>
wrote:
> > >
> > > Hi all
> > >
> > > Is there a function in MS to code or calculate MACD tops and
> bottoms
> > so
> > > I can use these in an Expert?
> > >
> > > Kindly regards, Jan
> > >
> >
>
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