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Question about MACD refered on 12/14/07 Rate this Topic:
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teddy5000
Posted : Friday, January 4, 2008 8:18:56 PM
Registered User
Joined: 11/12/2004
Posts: 2
I have a question in the following Worden Report.
 
"The Worden Report (Friday, December 14,2007)
 
We Dub Thee Sir Four Scenarios
    
     Sir Four Scenarios ... A bottle of Veuve Clicquot Ponsardin is being dispatched directly from the moat. -DW
   
 
Don:
 
...
 
Buying
...
 
 
Selling
...
 
4) Fourth, I have a series of five indicators which are watched as a group on one TeleChart screen: MACD (7,21,5 green and red) of the stock, MACD (7,21,5 green and red) of the industry sub-group, MS (MA10 red, MA5 green) of the stock, TSV15 of the stock (negative if it falls below zero), and ADX of the stock (6,16 green and red). If three or more of these five turn negative, the stock is sold. (Only one area is given some slack: if the TSV15 of the stock slips below zero, I watch the next day's TSV15 before determining that it counts as a negative.) The wisdom of including these indicators is that it allows factors other than price to figure in to the decision-making process. Plus, it's easy. You glance at the one screen and find yourself counting the indicators off quickly ("1-2-3-4-5!").
 
..."
 
In this report, it seems to me that Sir Four Scenarios is able to create BOTH MACD of the stock and MACD of the industry sub-group in the SAME screen.  I do know how to create MACD of the stock and MACD of the industry sub-group by itself, but I don't know how to create them in the SAME screen, could you show me how to do it?
 
Thank you. 
Bruce_L
Posted : Monday, January 7, 2008 8:25:33 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I do not know of a way to automatically display the MACD of the Sub-Industry in TeleChart without the use of Layouts (and this does not do what you want).

View multiple symbols or multiple views of the same symbol using Layouts

The Sync icon on the additional charts allows you to synchronize the Symbol with the Active Symbol, Industry or Sub-Industry. If Sub-Industry is selected and the chart has a MACD, you will be displaying the MACD of the Sub-Industry of the Active Symbol.

-Bruce
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