----- Original Message -----
From: wavemechanic
To: [email protected]
Sent: Friday, October 26, 2007 7:26 PM
Subject: Re: [amibroker] MACD Histogram
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
.
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