StockFetcher Forums · Filter Exchange · Momentum<< 1 2 3 >>Post Follow-up
Eman93
4,750 posts
msg #80252
- Ignore Eman93		 9/28/2009 11:54:19 PM

I was scouring the internets and found something interesting........ when the MACD crosses above the 0 line it indicates a new up trend.......conferming this move with cross of Momentum(5) above 0....
finds some good swings...... I just wrote this so any improvements welcome

Fetcher[/*Emans MoMo Swing Long*/

Close > 1
Average Volume(2) > 500000

Momentum(5) 1 day ago < 0
Momentum(5) > Momentum(5) 1 day ago


MACD(3,16,10) fast line crossed above 0 within the last 1 day

2 day slope MACD Slow Line(3,16,10) > 0

add column Momentum(5)
add column CMO(5)
add column RSI(5)
add column ind

draw Momentum(5)
draw MACD Histogram(3,16,10)
draw RSI(5)
sort column 5 ascending]
jnafach
74 posts
msg #80255
- Ignore jnafach		 9/29/2009 12:35:25 AM

see if on ge THE mOMOX IS -4 DOES IT MEAN IF HAS NOT CROSSED OVER THE LINE,
if I understand correctly better to buy if the momox or momoz is 1 or higher
chetron
2,817 posts
msg #80346
- Ignore chetron
modified		 9/30/2009 6:58:44 AM

how many days below ( negative ) the line since cross
how many days above ( positive ) the line since cross

-1 and 1 are recent crosses in their respective directions.

hth


StockFetcher Forums · Filter Exchange · Momentum<< 1 2 3 >>Post Follow-up

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