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



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Trading Reference Links

Alvin,

You must call the variable by using either 

Buy;

or 

Sell;



Preston



--- In equismetastock@xxxxxxxxxxxxxxx, Alvin Yu <alvinyu2005@xxx> 
wrote:
>
> Hi MC/Preston
>     Tried this but get a blank screen  even I changed the ")" 
to "}" at the last sentence .
> 
>     Anu clue ?
> 
> rgds
> 
> 
> 
> 
> 
> ________________________________
> From: p_panther_73 <mchantzi@xxx>
> To: equismetastock@xxx
> Sent: Sunday, 28 December 2008 4:03:54
> Subject: [EquisMetaStock Group] Re: MACD Histogram Cycle and 
Trigger with 4 Green 1 Red or 4 Red 1 Green
> 
> 
> Hi there,
> 
> It seems to be that you want something like this:
> 
> stp:=12; {periods of the short-term ema}
> ltp:=26; {periods of the long-term ema}
> slp:=9; {periods of the MACD's signal line}
> g:=3; {periods of consecutive higher values of the MACD's Histogram}
> r:=3; {periods of consecutive lower values of the MACD's Histogram}
> 
> md:=mov(c,stp, e)-mov(c, ltp,e); {This is MACD}
> mmd:=mov(md, slp,e); {MACD's singal line}
> mdh:=md-mmd; {MACD's Histogram}
> rmd:=roc(mdh, 1,$); {Roc of MACD's Histogram}
> 
> buy:=rmd>0 and barssince(ref( rmd>0,-1) )>=r; {We buy when we have
> MACD's Histogram turning up plus there have been r-bars of MACD
> Histogram consecutive lower values}
> 
> sell:=rmd<0 and barssince(ref( rmd<0,-1) )>=g; {we sell when we have
> MACD's Histogram turning down plus there have been g-bars of MACD's
> Histogram consecutive higher values)
> 
> Please note, that a) I don't have metaStock on this pc, so I didn't
> actually check the validity of the code and b) I'm not quite sure 
that
> this is what is described in the link that was given.
> 
> Regards,
> 
> mc
> 
> --- In equismetastock@ yahoogroups. com, Alvin Yu 
<alvinyu2005@ ...> wrote:
> >
> > Hi Preston
> > � � �  My�  "not tally" mean " the number of green bars 
or red bars
> are not the same as for the 2 charts " Example as follow:
> > 
> > � � � � 1st to 10th� bars (from Right) are all RED 
in� Chartnexus
> but it shows 4 Green & 6 "Red" in Metastock 
> > � � �  
> > � � � �  It seems that they are some comparison on the 
price data
> between�  as the trigger is formulated when the barschanged from 
red
> to green�  & vise versa . The Chartnexus web shows some info on 
MACD
> Histogram cycle�  but may not be detail enough .
> > � � � 
> http://www.chartnex us.com/learning/ manual/add- ons/node26. 
html#SECTION0041 1600000000000000 0
> > 
> > � � �  Hope It is not too troubling u�  to help me on 
this formula
> > 
> > rgds
> > 
> > 
> > 
> > 
> > ____________ _________ _________ __
> > From: pumrysh <no_reply@xxxxxxxxxx s.com>
> > To: equismetastock@ yahoogroups. com
> > Sent: Thursday, 25 December 2008 2:19:44
> > Subject: [EquisMetaStock Group] Re: MACD Histogram Cycle and 
Trigger
> with 4 Green 1 Red or 4 Red 1 Green
> > 
> > 
> > Alvin,
> > 
> > What I gave you will work just like the pic.
> > 
> > In order to get the style and colors you want you must right 
click 
> > on the indicator and change to the color and style that you want. 
> > This is covered in the users manual as well.
> > 
> > Preston
> > 
> > --- In equismetastock@ yahoogroups. com, Alvin Yu 
<alvinyu2005@ ....> 
> > wrote:
> > >
> > > Hi Preston 
> > > �&#65533;� �&#65533;� �&#65533;�  Sorry I did not get 
this clear enough .My actual
> needs as 
> > follow:
> > > 
> > > �&#65533;� MACD Histogram (MACDH) to show the following:
> > > 
> > > 1. When MACDH > 0 AND MACDH(t) > MACDH(t-1), output on the 
> > histogram is GREEN in colour.
> > > 2. When MACDH > 0 AND MACDH(t) < MACDH(t-1), output on the 
> > histogram is RED in colour.
> > > 3. When MACDH < 0 AND MACDH(t) < MACDH(t-1), output on the 
> > histogram is RED in colour.
> > > 4. When MACDH < 0 AND MACDH(t) > MACDH(t-1), output on the 
> > histogram is GREEN in colour.
> > > 
> > > Note: (t) denotes the most recent MACDH value, (t-1) denotes 
the 
> > value of MACDH one period before
> > > 
> > > I saw this in the following web site�&#65533;�  but I could 
not�&#65533;�  find the 
> > solution:
> > > http://forum. vtsystems. com/index. php?
> > s=88fe854d789faa450 28153615fba14ed& showtopic= 9256&pid= 
40576&st=
> 0&#ent
> > ry40576
> > > 
> > > Appreciate if u can help on this ..
> > > 
> > > Merry Christmas and Happy New Year
> > > 
> > > �&#65533;� 
> > > 
> > > 
> > > 
> > > ____________ _________ _________ __
> > > From: pumrysh <no_reply@xxxxxxxxx p s.com>
> > > To: equismetastock@ yahoogroups. com
> > > Sent: Thursday, 18 December 2008 11:27:22
> > > Subject: [EquisMetaStock Group] Re: MACD Histogram Cycle and 
> > Trigger with 4 Green 1 Red or 4 Red 1 Green
> > > 
> > > 
> > > Alvin,
> > > 
> > > At the group site you can search old messages by using key 
words 
> > such 
> > > as MACD RED GREEN. I did and came up with:
> > > 
> > > A:=MACD();
> > > B:=Mov(MACD( ),5,E);
> > > A;B;
> > > 
> > > {RedGreen MACD Histogram}
> > > X:= MACD();
> > > Green:=If(X> Ref(X,-1) ,X,0);
> > > Red:=If(X<Ref( X,-1),X,0) ;
> > > Green; Red;
> > > 
> > > The neat thing about doing a search in this way is that it goes 
> > all the 
> > > way back to 1999 when this group first started...literally tons 
of 
> > > indictors since then.
> > > 
> > > Preston
> > > 
> > > --- In equismetastock@ yahoogroups. com, "alvinyu2005" 
> > <alvinyu2005@ ...> 
> > > wrote:
> > > >
> > > > Hi
> > > > Can any adv if Metastock has an std program for this MACD 
that 
> > > > show :
> > > > 1) Red & Green colour bars instead of one single colour ? 
(Note: 
> > > Green 
> > > > bars show the price is closed with higher low ) Similar to 
the 
> > one 
> > > > shown in Amibroker in 
> > > > http://www.amibroke r.org/userkb/ 2007/10/19/ macd-histograms-
 
> > v1/
> > > > 
> > > > 2) How should I write a programme that can screen stocks that 
> > satisfy 
> > > > continuous 4 Grren then next is 1 Red and/or 4 continuous 4 
Red 
> > & 
> > > > follow with 1 green ?
> > > > 
> > > > rgds
> > > >
> > > 
> > > 
> > > 
> > > 
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