MACD line Cross

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Hi, 

I want to use the MACD filter for stocks. I'm looking for a very simple approach. MACD line cross SIGNAL line upwards = buy (open LONG order or CLOSE a SHORT order) | MACD line cross SIGNAL line downwards is sell (or close a LONG order or a open a SHORT order). 

How to to this? 

Image 4593

Thank you in advance

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Ulises Cune

The MACD indicator is already included. See the documentation in the following link:

https://communitypowerea.com/docs/signals-and-filters#macd-filter

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ricardo
Quote from Ulises Cune

The MACD indicator is already included. See the documentation in the following link:

https://communitypowerea.com/docs/signals-and-filters#macd-filter

Yes, I've seen the documentation but didn't understand how to use it with my strategy? 

Will the 'Signal Cross 0' function will do the job? 

To be clear. 

MACD crossing upward the signal line = buy (ID 1)
MACD crossing downwards the signal line = close (ID 1) /// open short trade (ID 2)
MACD crossing upwards the signal line = close (ID 2) /// open long trade (ID 3)

Hope you guys can help. 

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Andrey Khatimlianskyi
  • Answered

You need Main and Signal cross or Main and Signal cross >/< 0 mode