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MACD cross over signal for Amibroker (AFL)
Rating:
5 / 5 (Votes 2)
Tags:
amibroker, exploration
This is a simple code to filter stocks that have MACD cross its signal line.
Cos MACD is a slow indicator, i often use this to search for weekly signal that
give a mid and long-term trend.
Note: I just start to use Amibroker and this simple code is given to me by my friend.
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Indicator / Formula
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r1 = Param( "Fast avg", 12, 2, 200, 1 ); r2 = Param( "Slow avg", 26, 2, 200, 1 ); r3 = Param( "Signal avg", 9, 2, 200, 1 ); m1=MACD(r1,r2); s1=Signal(r1,r2,r3); a=Cross(m1,s1); Filter = a>0; AddColumn(C,"Close",1.2); AddColumn(V,"Volume",1.2);
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