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Strategies & Market Trends : today's chart

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To: James Parker who wrote (121)7/9/1997 8:55:00 AM
From: gonzongo   of 1267
 
From the online instructions: scan-help-contents:
The Quotes Plus Scan Database Program uses default values when calculating certain indicator functions such as MACD(), MACDSignal(), ROC(), Stochastic(), and RSI(). Using the SET command, a user can now change these default values. A user can use the Display Charts program to visually see what will happen to an indicator when these default values are changed. Select the Indicator | Options menu selection to change the default indicator values from within the Display Charts program.

Function:

MACD(), MACDSignal()
Set MACD=<Small MA>, <Larger MA>, <Signal MA>

Changes the default value used in the MACD calculation. The default value for the length of the Shorter MA periods is 12, length of the Longer MA periods is 26, and the length of the Signal MA periods is 9.

Example: Set MACD = 8,17,9 //Change the defaults for MACD
AllGroup
MACD(0) > MACDSignal(0)
MACD(-1) < MACDSignal(-1)

This example will change the default indicator options from 12, 26, 9, to 8, 17, 9 before calculating the MACD() and MACDSignal() functions.

So here goes:

set macd= 12,26,50
AllGroup
MACD(0) > MACDSignal(0)
MACD(-1) < MACDSignal(-1)

hope this is right
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