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MACD Indicator Peaks at Tops & Bottoms

System for: MetaStock


 

 

Views:  2282

Added: February 09, 2007
 
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Tags: MetaStock, system
 
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MACD indicator

To: metastock-list@xxxxxxxxx
Subject: MACD indicator
From: michael.arnoldi@xxxxxxxx (MICHAEL J ARNOLDI)
Date: Sat, 03 May 1997 21:46:17 EDT
Resent-Date: Sat, 3 May 1997 19:52:50 -0600
Resent-From: metastock-list@xxxxxxxxxxxxx
Resent-Message-Id: <"lZwGt1.0.t96.ol-Qp"@mail.equis.com>
Resent-Sender: metastock-list-request@xxxxxxxxxxxxx

I noticed that the MACD indicator peaks at extreme prices, so i wrote anexploration & did some testst & so far pretty good results.

anyone willing to improve on it please feel free & keep me posted.
mike

 

 



Code:

MACD Indicator Peaks at Tops & Bottoms Of Price Movements

BUY:
TroughBars(1,MACD(),29)=1

SELL:
PeakBars(1,MACD(),29)=1


 






Author: Michael Arnoldi
Source: http://purebytes.com/archives/metastock/

 

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