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MACD Indicator Peaks at Tops & Bottoms by M. Arnoldi
MACD indicator

To: metastock-list@xxxxxxxxx
Subject: MACD indicator
From: michael.arnoldi@xxxxxxxx (MICHAEL J ARNOLDI)
Date: Sat, 03 May 1997 21:46:17 EDT
Resent-Date: Sat, 3 May 1997 19:52:50 -0600
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I noticed that the MACD indicator peaks at extreme prices, so i wrote anexploration & did some testst & so far pretty good results.


MACD Indicator Peaks at Tops & Bottoms Of Price Movements

BUY:
TroughBars(1,MACD(),29)=1

SELL:
PeakBars(1,MACD(),29)=1

 

 

anyone willing to improve on it please feel free & keep me posted.

mike
Source / From: TOP
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