RoyPope
12 posts
msg #122697
- Ignore RoyPope |
1/30/2015 10:07:01 PM
Hi all. I'm new on StockFetcher (signed up last night). Anyhow, below is an indicator that I wrote some years ago which I call MAFIA (Moving Average Fluctuation Indication Algorythm).
The objective of the MAFIA is to attempt to detect MACD(12,26,9) crossovers a day or two before they happen. So far, it seems to work fairly well.
As you can see from the chart, there are two lines - the MAFIA and his Trigger Man. When the MAFIA crosses above the Trigger, a BUY (Go LONG) signal is fired. Likewise, when the MAFIA crosses below the Trigger then a SELL (Go SHORT) signal is fired.
The indicator is based on slight changes (Fluctuations) in the MACD Fast and Slow lines. It seems to work best for stocks in medium to wide ascending and descending channels.
I'd really like to improve on this indicator, if at all possible, to reduce the "noise" on the MAFIA line caused by temporary fluctuations. Any advice anyone can offer would be most appreciated.
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