 Platinum Customer
Joined: 2/10/2013
Posts: 7
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I'm brand new to TC 2000. Wow, it's great! I'm trying to find a way to scan or make a PCF that finds stocks or ETFs where the MACD (12, 26, 9) is crossing above the EMA (9) ONLY when the cross occurs below the zero line. Thanks!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The general way to do this would be to click on the MACD and select Create Scan Condition to create a Condition for the MACD being below zero and do so again to create a Condition for MACD crossing up through its moving average.
Create Conditions from Your Chart
You can then add both Conditions to the same EasyScan as EasyScan Conditions.
Building a Scan with Multiple Conditions
It is also possible to create a Condition Formula for this. Assuming it is an Exponential MACD, the formula would be:
XAVGC12 < XAVGC26 AND XAVGC12 - XAVGC26 > XAVG(XAVGC12,9) - XAVG(XAVGC26,9) AND XAVGC12.1 - XAVGC26.1 <= XAVG(XAVGC12.1,9) - XAVG(XAVGC26.1,9)
Understanding MACD
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Platinum Customer
Joined: 2/10/2013
Posts: 7
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Bruce.
Peferct. Thanks!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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