pigfetch17 1 posts msg #147093 - Ignore pigfetch17 |
3/27/2019 10:56:58 AM
I want a filter that will show a turn in the MACD slow line(5,20) from up sloping to down sloping or from down sloping to up sloping over a given time period (10, 20, 30 days) etc.
For a turn from down sloping to an up sloping line I've come up with two possibilities:
and the MACD slow line(5,20) is above .01
and the MACD slow line(5,20) 20 days ago is below .-01
or
and the 3 day slope of the MACD slow line(5,20) is above .01
and the 3 day slope of the MACD slow line(5,20) 20 days ago is below .-01
For a turn from up sloping to down sloping:
and the MACD slow line(5,20) is below .01
and the MACD slow line(5,20) 20 days ago is above .-01
or
and the 3 day slope of the MACD slow line(5,20) is below .01
and the 3 day slope of the MACD slow line(5,20) 20 days ago is above .-01
These seem to work most of the time but I sometimes get bad results. I hope I have all the above and below and .01 and .-01 etc. in right places in the formulas.
If anyone has any insight to what I have already come up with or a different approach, it would be appreciated.
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graftonian 1,089 posts msg #147099 - Ignore graftonian |
3/27/2019 5:01:45 PM
It is fairly easy, just remember you want to control the slope, not the line, ie:
slope of MACD crosses below 0, or slope of MACD approaching 0 from below (or above)
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