Underworlds
30 posts
msg #90024
- Ignore Underworlds |
3/20/2010 9:49:08 PM
Hey guys. This is my first post, so I thought I'd share a filter with you all. This filter basically gives a 1 to 3 day day's notice that the MACD(26) is about to cross above the EMA(MACD)(12). I've found that the best forward signal to this is when the RSI(14) crosses above the RSI(21) and the MTM(10) crosses above the EMA(MTM)(5) at the same time.
/* Set the price and volume criteria */
Price is between 4 an 100
and Volume is greater than 15000
/* Set the RSI(14) criteria */
and RSI(14) crossed above RSI(21) 1 day ago
and RSI(14) is greater than 35
/* Set the MTM(10) criteria */
and Momentum(10) crossed above CEMA(Momentum(10),5) 1 day ago
/* Make sure RSI(14) is still good */
and RSI(14) is greater than RSI(14) 1 day ago
/* Now check out MACD */
and MACD Fast Line(12,26) is approaching MACD Slow Line(12,26) from below
I's appreciate your input on this filter and let me know how I might be able to improve it.
Underworlds
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