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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
MACD Predicter for Amibroker (AFL)
An MACD, Signal Cross is, in general, a bullish Signal. Since it comes with a significant delay, it would be important to anticipate this Cross. Some days before the Cross, we often see an MACD turning point. It is interesting to investigate the related conditions AND use them before the end of the session.
The following AFL code will give the necessary next ROC for a higher MACD
value.
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…
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nice
great
let me see
let see
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hi thank yuo
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