Registered User Joined: 10/20/2007 Posts: 2
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I would like to create a scan on the MACD based on the rate of change of the indicator. Let me give you a scenario: The MACD has the following results
Day 1: 1.00
Day 2: 1.5
Day 3: 1.75.
The difference between the first two days was 0.5 while the difference between days 2 and 3 was 0.25. How can I create a scan to identify when the rate of change slows down? The formula could include absolute values since I wish to identify these changes in either positive or negative territory. I hope I was clear as to my intentions.
Thank you in advance.
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