MACD ascending/descending

sid · Mon, 24 Apr 2017 07:54:41 +0000

Hello people, Does anyone know how i can make an MACD screen give results for only stocks with rising or falling MACD histogram? An MACD uptick screen is easy as the indicator is already there, but i want to also screen for stocks where an uptick has already happened and the MACD histogram is still rising (or falling) – but want to screen so i dont get both risers and fallers. Thanks for any help.

This topic has 5 replies, 2 voices, and was last updated 8 years ago by sid.

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04/24/2017 at 8:54 AM #33121

sid

Hello people,

Does anyone know how i can make an MACD screen give results for only stocks with rising or falling MACD histogram?

An MACD uptick screen is easy as the indicator is already there, but i want to also screen for stocks where an uptick has already happened and the MACD histogram is still rising (or falling) – but want to screen so i dont get both risers and fallers.

Thanks for any help.

sid
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04/24/2017 at 10:28 AM #33153

Nicolas

sid wrote:

for stocks where an uptick has already happened

already happened for how many bars?

Nicolas
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04/24/2017 at 3:55 PM #33196

sid

Well just looking for ascending (below zero line) or descending (above zero line) regardless of when happened.

Cheers

sid
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04/24/2017 at 4:03 PM #33197

sid

Come to think of it, can i just screen for one macd line above the other to do it??

sid
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04/24/2017 at 4:24 PM #33205

Nicolas

Well, you should help me to understand correctly your query by adding a picture of your setup in your next post, many thanks!

Nicolas
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05/05/2017 at 5:34 PM #34654

sid

All i was looking to do was to screen for stocks where the MACD histogram is below the zero line AND ascending. Like this chart on the far right before todays breakout ;

http://stockcharts.com/h-sc/ui?s=CTO.L&p=D&b=5&g=0&id=p80986677840

I can use the upturn/downturn indicator = 0 , but that would include results where the MACD is also DESCENDING. Would like to narrow it down to those ASCENDING.

Cheers for any help.

sid
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