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Delta of Slopes of MACDHistograms Rate this Topic:
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Mo.Trader
Posted : Saturday, October 24, 2015 1:25:28 PM
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Joined: 1/3/2014
Posts: 36

using the ROC to determine the slope, i am trying to figure out the pcf for 

ROC(MACDH(19,39,12)) - ROC(MACDH(65,90,12))  

 

Where the ROC is averaged over 3, and MACDH is the MACD Histogram.

 

Can u pls help.

 

thx

mo.trader

Bruce_L
Posted : Tuesday, October 27, 2015 11:32:14 AM


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Joined: 10/7/2004
Posts: 65,138

I'm really not quite sure what is being asked. Do you want the 3 period simple moving average of the difference between the 1 period rate of change of the two MACD histograms, do you want the difference in the 3 period rate of change of the two MACD histograms or do you want something else entirely?



-Bruce
Personal Criteria Formulas
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Mo.Trader
Posted : Thursday, October 29, 2015 3:40:02 PM
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Joined: 1/3/2014
Posts: 36

The Delta of  slopes of  2 MACD Histograms.

 

[Slope of MACD Histogram(19,39,12)]  -  [Slope of MACD Histogram(65,90,12)]

Bruce_L
Posted : Thursday, October 29, 2015 4:31:53 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

[Slope of MACD Histogram(19,39,12)] - [Slope of MACD Histogram(65,90,12)] can be done as the following as long as a 1 period net rate of change is being used for both histograms.

(1193931 * C - 5716700 * XAVGC12.1 + 5320458 * XAVGC19.1 - 689689 * XAVGC39.1 - 212940 * XAVGC65.1 + 104940 * XAVGC90.1) / 33857460

But where does the "ROC is averaged over 3" come into play?



-Bruce
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Mo.Trader
Posted : Thursday, October 29, 2015 10:54:21 PM
Registered User
Joined: 1/3/2014
Posts: 36

Thought there would be a way to use  a expression using the ROC indicator to calc the slope

 

ROC(MACDH(19,3912))    -    ROC(MACDH(65,90,12)) 

Bruce_L
Posted : Friday, October 30, 2015 9:28:31 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

There is no built in syntax for either ROC or MACD in the Personal Criteria Formula Language. You need to manually construct the both using the syntax which is available.

Personal Criteria Formula Syntax



-Bruce
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