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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Screening Using MACD Difference Between MACD and Signal Line

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ori0n
Posted : Thursday, June 2, 2016 1:54:47 AM
Registered User
Joined: 6/2/2015
Posts: 30

Hi,

Sorry to trouble you. I hope I can explain this correctly.

I would like to ask if I can do a PCF based on this criteria:

MACD Line

Short 50

Long 100

Signal Period 9

Exponential

Criteria: I would like to screen for the difference between MACD and Signal to be more than 0.1 (or can be any number I put in) and the difference I just need the absolute number. +ve or -ve doesn't matter

 

and also the second criteria: the distance of the MACD to the Zero line is more than 0.1 (or any number I put in) and again I just need the absolute number.

Thanks in advance for your kind assistance!
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Bruce_L
Posted : Thursday, June 2, 2016 8:14:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

For the difference between the MACD and Signal:

ABS(XAVGC50 - XAVGC100 - XAVG(XAVGC50,9) + XAVG(XAVGC100,9)) > .1

For the difference between the MACD and Zero:

ABS(XAVGC50 - XAVGC100) > .1

Moving Average Convergence Divergence (MACD) and Histogram
Understanding MACD


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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ori0n
Posted : Friday, June 3, 2016 4:45:56 AM
Registered User
Joined: 6/2/2015
Posts: 30

Hi Bruce, 

Thank you once again!! Appreciate!
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Bruce_L
Posted : Friday, June 3, 2016 9:33:56 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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