Registered User Joined: 12/30/2004 Posts: 10
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i would like to scan by making two separate formula please help me
1] current week's MACD is higher than previous week's MACD in a histogram [ in short it is in uptrend ]
i like to use standard criteria for MACD i.e 12 26 and 9
second PCF criteria stochastics coming out of oversold level [ 70 overbaught and 30 oversold line ]
standard criteria or slow stochastics 5 days ok
i will play with days later on
i will appreciate your help
thank you
numetor
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Administration
Joined: 9/30/2004 Posts: 9,187
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The easiest way to create these formulas is from indicators on the chart. If you don't already have them on your chart, add the MACD Histogram and Stochastics to your chart.
Click on MACD and select "Create Condition". Set the condition to "Moving Up Net", the Period to 1 and Net Change > 0. Click Save Condition and name it. When you add it to your scan, you can set the Time Frame on the condition to Weekly.
Click on Stochastics and select "Create Condition". Set the condition to Crossing Up Value and set the value to 30. Click Save Condition and name it.
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