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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: TA2K who wrote (9755)	3/5/1999 4:35:00 PM
From: Dick Brown	Respond to of 12039

There is no magic to a particular ma or MACD combination.. If you want your own unique MACD values do something like this example for a 19,39,x macd in your indicator builder: macdtest Mov(CLOSE,19,E)-Mov(CLOSE,39,E) then when you plot this do an ema of this line for your signal x. Then you could save as a template.. In an exploration to find stocks where the signal line has crossed it could look like this Cross(Fml("macdtest"),Mov(Fml("macdtest"),x,E)) x again = ema of your signal line. Dick

To: TA2K who wrote (9755)	3/5/1999 4:44:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 12039

Everything that Dave said has been said 100 times over. If you would only read and study you could have your own answers. You would see hardly anyone using standard formulas. Michael's comments were right on the button. How many times should others repeat what you are too lazy to find out. If you looked at formulas here and the TA-indicator/systems topic, you would see the formulas used in metastock and WOW to give you a variable input MACD. If you read your MSWIN manual, you would know how. You might see the reasons why classic indicator settings aren't used. Of course you could test and develop your own, we might be all wrong. Then you could share. you sent a system test here that looked "too good". I asked you what it was, the stock, if you tested others, etc. I asked you what your data source for end of day was. And what your database consist of. You gave little if any answers. But you expect to get them from others. When did your mother stop spoon feeding you at the table?