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Can ADX & MACD be referenced for a condition code? Rate this Topic:
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Brucem
Posted : Thursday, August 17, 2017 8:16:33 PM
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Joined: 12/27/2010
Posts: 30

Is there a way to reference the code for MACD and ADX ? I am looking to write a condition in which ADX would be higher than that of the preious bar AND MACD would be lower than that of the previous bar.
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Bruce_L
Posted : Friday, August 18, 2017 9:13:44 AM


Worden Trainer

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

It is possible to reference both MACD and ADX using built in syntax in TC2000 v17.

ADX14.14 > ADX14.14.1 AND MACD12.26 < MACD12.26.1

There is not any built in syntax for either MACD or ADX in previous versions of TC2000. It is possible to re-create the MACD using its component moving averages, but there isn't a way to create a formula for ADX which is short and fast enough to be practical or post in the forums.

XAVGC12 - XAVGC26 < XAVGC12.1 - XAVGC26.1


-Bruce
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