Re: [EquisMetaStock Group] RE: MACD-Momentum (MACD-Mo)

[Dave <dave_tolbert@xxxxxxxxx>]

I didn't find MACD-Mo formula available on the web but
from research it is nearly similar to the Schaff Trend
Cycle,
http://www.fx-strategy.com/a11.asp.

 Here's that indicator, 

http://users.bigpond.com/prominex/MetaStock/MACD-osc.txt
----------------------------------------------------

MetaStock -> Tools -> Indicator Builder -> New
Copy and paste formula below.


====================================
MACD oscillator - Schaff Trend Cycle
====================================
---8<---------------------------

{ Stochastic-normalized MACD v1.0, -100~+100% }
{ ©Copyright 2003 Jose Silva }
{ josesilva22@xxxxxxxxx }

pds:=Input("Stochastic (cycle) lookback
periods",2,252,63);
pds1:=Input("short EMA periods",1,252,12);
pds2:=Input("long EMA periods",2,2520,26);
pds3:=Input("MACD oscillator trigger signal
periods",1,252,21);
z:=Input("use Open=1 High=2 Low=3 Close=4 Volume=5
P=6",1,6,4);
plot:=Input("MACD osc=1, Hist=2, trigger crossover
Signals=3",1,3,1);

z:=If(z=1,O,If(z=2,H,If(z=3,L,If(z=5,V,If(z=6,P,C)))));
x:=Mov(z,pds1,E);
y:=Mov(z,pds2,E);
ratio:=Min(x,y)/Max(x,y);
Mac:=(If(x>y,2-ratio,ratio)-1)*100;

StochMac:=(Mac-LLV(Mac,pds))
 /(HHV(Mac,pds)-LLV(Mac,pds)+.000001)*100;
trigger:=Mov(StochMac,pds3,E);
hist:=StochMac-trigger;
signals:=Cross(StochMac,trigger)
 -Cross(trigger,StochMac);

If(plot=1,50,0);
If(plot=1,trigger,0);
If(plot=1,StochMac,If(plot=2,hist,signals))

---8<---------------------------


http://users.bigpond.com/prominex/pegasus.htm




--- nic1973philip <nic1973philip@xxxxxxxxxxxx> wrote:

> Hi,
> 
> Do anyone know how to build the formula for
> MACD-Momentum (MACD-Mo)?
> 
> NOTE:
> Reference from: Stock & Commodotoes V.7:2(56-61):
> individual stock 
> and MACD.
> 
> Thanks
> Philip Chua
> 
> 
> 


=====
Dave Tolbert
Blue Skies!





		
__________________________________
Do you Yahoo!?
Y! Messenger - Communicate in real time. Download now. 
http://messenger.yahoo.com



------------------------ Yahoo! Groups Sponsor --------------------~--> 
$9.95 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/BefplB/TM
--------------------------------------------------------------------~-> 

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/equismetastock/

<*> To unsubscribe from this group, send an email to:
    equismetastock-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/