Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
MACD Prediction for Amibroker (AFL)
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…
Screenshots
Similar Indicators / Formulas
6 comments
Leave Comment
Please login here to leave a comment.
Back
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.
hi all ,
which is the best afl for intraday and positional trades on this site . tx
OSADHARON HOISE ETA,,,really fantastic
THANks TOO MUCH TO YOU
good
Can anybody explain how to use this formula ? I use MACD only for my trading . It will be of great help if anybody explains this. Thanks . God Bless You