Your code and words don't match.  I assume that your words are correct.

"I want the buy condition to be when the MACD is below the Signal and the gap 
is closing"

buy = macd() < signal() and hist < ref(hist, -1);

"and the sell to be when the MACD is above the signal and closing"

sell = macd() > signal() and hist < ref(hist, -1);

Bill
  ----- Original Message ----- 
  From: [EMAIL PROTECTED] 
  To: [email protected] 
  Sent: Friday, October 26, 2007 9:13 PM
  Subject: Re: [amibroker] MACD Histogram


  Bill, 

  Thank you. I didn't notice that. I guess that I am doing this all wrong. What 
I want is to have the condition met when the gap between the MACD and Signal is 
closing. 

  I want the buy condition to be when the MACD is below the Signal and the gap 
is closing and the sell to be when the MACD is above the signal and closing. 

  Would this work?
  //Buy Signals
  Hist1 = MACD() - Signal();
  Hist2 = Signal() - MACD();
  Condition1 = MACD() > Ref(MACD(),-1);
  Condition3 = Hist1 < Ref(Hist1, -1);
  //Sell Signals
  Condition11 = MACD() < Ref(MACD(),-1) AND MACD() > 0;
  Condition3 = Hist1 < Ref(Hist1, -1);

  //Buy and Sell orders
  Buy = Condition1 AND Condition3;
  Sell =Condition11 AND Condition3;
  //Short and Cover conditions

  Short=Sell;

  Cover=Buy;

  I Tried it, but it didn't work.

    ----- Original Message ----- 
    From: wavemechanic 
    To: [email protected] 
    Sent: Friday, October 26, 2007 12:19 PM
    Subject: Re: [amibroker] MACD Histogram



    I don't think so.  Your buy = macd > ref(macd) and hist < ref(hist).  
However, the data you presented has macd > ref(macd) and hist > ref(hist) so 
the buy condition was not satisified.

    Bill
    .
     

   


------------------------------------------------------------------------------


  No virus found in this incoming message.
  Checked by AVG Free Edition. 
  Version: 7.5.503 / Virus Database: 269.15.10/1091 - Release Date: 10/24/2007 
2:31 PM

Reply via email to