Registered User Joined: 3/29/2005 Posts: 9
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are there any formulas on macd 12 26 9 so i can run a scan above or below the 0 line
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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One way to write the formula for the raw Exponential MACD 12,26 is:
XAVGC12 - XAVGC26
One way to write the formula for the Exponential MACD 12,26,9 Signal Line is:
XAVG(XAVGC12,9) - XAVG(XAVGC26,9)
One way to write the formula for the Exponential MACD Histogram 12,26,9 is:
XAVGC12 - XAVGC26 - XAVG(XAVGC12,9) + XAVG(XAVGC26,9)
You may wish to review the following:
Understanding MACD
-Bruce Personal Criteria Formulas TC2000 Support Articles
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