[EquisMetaStock Group] Re: MACD Histogram Cycle and Trigger with 4 Green 1 Red or 4 Red 1 Green

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Alvin,

Here's the buy and sell formula.

Give it a try and let me know if its what you need.

Preston



g:=3; {periods of consecutive higher MACD's}
{RedGreen MACD Histogram}
X:= MACD();
Green:=If(X> Ref(X,-1) ,X,0);
Red:=If(X<Ref( X,-1),X,0) ;
buy:= BarsSince(green=0)=g;
buy;

r:=3; {periods of consecutive lower MACD's}
{RedGreen MACD Histogram}
X:= MACD();
Green:=If(X> Ref(X,-1) ,X,0);
Red:=If(X<Ref( X,-1),X,0) ;
sell:= BarsSince(red=0)=r;
sell;



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