MACD crossover in a trend

• 10/20/2021 at 5:56 AM #179996
  MrMagic

  Hi,

  Could you please check this screener and see whether I am close. It gave some results but I wanted confirmation that I coded the right thing?

  Thanks.

  CRITERIA

  UP

  1. EMA 5 above EMA20, which is above EMA 50 and EMA100
  2. Bullish MACD crossover with MACD line crossing above the signal line

   

  DOWN

  1. EMA 5 below EMA20, which is below EMA 50 and EMA100
  2. Bullish MACD crossover with MACD line crossing below the signal line

  Ideally. I’ll want the bullish MACD crossover in the uptrend to happen below the zero line and the bearish MACD crossover to happen above the zero line.

   

  Cheers.

  MACD crossover in a trend

  Ema100 = Average [100,1] (close) Ema50 = Average [50,1] (close) Ema20 = Average [20,1] (close) Ema5 = Average [5,1] (close) MacdVal = Macd [12,26,9] (close) UP = Ema5 > Ema20 AND Ema20 > Ema50 AND Ema50 > Ema100 DN = Ema5 < Ema20 AND Ema20 < Ema50 AND Ema50 < Ema100 Upa = summation [3] (MacdVal CROSSES OVER 0) DNa = summation [3] (MacdVal CROSSES UNDER 0) Result = 0 IF UP and UPa THEN Result = 1 ELSIF DN and DNa THEN Result = 2 ENDIF SCREENER[Result] (Result AS "1=Up/2=Dn")

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

  Ema100 = Average [100,1] (close) Ema50 = Average [50,1] (close) Ema20 = Average [20,1] (close) Ema5 = Average [5,1] (close) MacdVal = Macd [12,26,9] (close)   UP = Ema5 > Ema20 AND Ema20 > Ema50 AND Ema50 > Ema100 DN = Ema5 < Ema20 AND Ema20 < Ema50 AND Ema50 < Ema100   Upa = summation [3] (MacdVal CROSSES OVER 0) DNa = summation [3] (MacdVal CROSSES UNDER 0)   Result = 0 IF UP and UPa THEN Result = 1 ELSIF DN and DNa THEN Result = 2 ENDIF SCREENER[Result] (Result AS "1=Up/2=Dn")

   

  1 user thanked author for this post.

  NeoTrader

  

  MrMagic

  Participant

  Topics: 18

  Replies: 38

  Been thanked: 6 times
  10/20/2021 at 7:16 AM #179998
  robertogozzi

  The CROSSES OVER 0 means that now it must be over 0 and the previous candle it was below 0, so it will always occur while below 0.

  You added that the crossovers must have occurred in the last 3 candles, the current one or any of the two prior ones.

  Yes, it’s all correct.

   

  1 user thanked author for this post.

  MrMagic

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17774

  Been thanked: 4423 times
• Author
  Posts