|
PureBytes Links
Trading Reference Links
|
Preston, I'm looking for a "relative macd" becasuse this indicator
woyld be useful for me in a trading system formula which will be applied to
stocks with different absolute prices. So I need something different - and
relative - from macd (the moving averages of wich depend from the price of
stock) in order to apply mi trading ideas.
r.
<BLOCKQUOTE
>
Robin,Great ideas! A "Relative MACD" and a MACD are
two completely different animals. If you want to see when the MACD is flat
there is no need to make it relative.The use of absolute ISTO is a
good idea. It actually saves a few steps and allows for both the positive
and negative comparison at the same time. I would change the less than
argument to less than equal to, like this:If(HHV(Abs(Isto),3)<=
0.4,0,1)You might also want to look at ROC as a
percentage.Preston--- In
Metastockusers@xxxxxxxxxxxxxxx, "Robin Hood" <robinhood@xxxx>
wrote:> Looking for something that let me know when Macd is in flat
condition, I tried to make relative and not absolute Macd
hystogram.> This, becasuse of may idea was to see when it is around
zero point for every stock and for more than one day.> > So,
this is my code.> > >
-------------------------------------------------------------------------------->
> > PrimaMM:=Input("PrimaMM",2 {Minimum}, 200{Maximum}, 12
{Default} );> SecondaMM:=Input("SecondaMM", 2 {Minimum}, 200 {Maximum},
26 {Default} );> Trigger:=Input("Trigger",2 {Minimum}, 200
{Maximum}, 9{Default} );> > MediaFast:=Mov(C ,PrimaMM ,E
)/C*100;> MediaSlow:=Mov(C,SecondaMM,E )/C*100;> Macd1:=
MediaFast - MediaSlow;> MediaMacd:=Mov(Macd1 ,Trigger,E );>
Isto:=Macd1-MediaMacd;> > >
If(HHV(Abs(Isto),3)<0.4,0,1)> > >
-------------------------------------------------------------------------------->
> > When indicator value is zero, than Macd should be in a flat
condition.> Do you think is correct relativize macd hystogram in
such a way?> > R.> > > PS> sorry for
italian notation... Media = moving averageTo
unsubscribe from this group, send an email
to:Metastockusers-unsubscribe@xxxxxxxxxxxYour use
of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|