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Strategies & Market Trends : Technical Analysis - Beginners

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To: Dale Wingo who wrote (8500)8/1/1998 8:15:00 PM
From: Richard Estes  Read Replies (3) of 12039
 
(Mov(C,5,E)-Mov(C,13,E))-(Mov((Mov(C,5,E)-Mov(C,13,E)),40,E))

what you have is a macd formula, plot it as a histogram watch o line trigger. if you called DMACD then

fml("dmacd")>0 is buy
fml("dmacd")<0 is sell

I don't know what software you are using but a few hours with manual should work wonders understanding the above.

Dave might give you more of an answer, he is offline a lot.
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