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MACD Prediction for Amibroker (AFL)

4 / 5 (Votes 4)

I have not written this formula.
I found this formula in one of the blog.
This is a Dimitris formula Contributed to the blog by Dick H.

The principle of the code is simple : We suppose that the next ROC changes from -25% to +25% AND we calculate the necessary ROC for a higher MACD.
Example1 : On Oct29 [point P1] AMZN would have a higher MACD if the next ROC would be more than +1.30%. The next Day, Nov1, AMZN closed at +2.80% AND the MACD was higher indeed. It was known [AND almost safe] before the end of the Nov1 session, that AMZN was gaining more than +1.30%.
Example2 : On Jan4 [point P2] the ^NDX needed a +2.70% to change the MACD downtrend. The most probable was to see lower MACD values…

Here is a screenshot of how the indicator looks:
Macd-prediction

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3 Comments

THNX VERY MUCH PUT I DONT UNDERSTAND THIS INDICATOR CAN YOU TALK ABOUT THE ROCO AND TAKING THE INFORMATION FROM THE CHART THAT YOU PUT
ANY WAY THANX TOO MUCH TO YOU.

2. yo123

hi all ,
which is the best afl for intraday and positional trades on this site . tx

3. Miraz

OSADHARON HOISE ETA,,,really fantastic

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