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+ve signals for short entry

by srishail, 5152 days ago
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This watchlist i have created for swing trade .This will filter the stock for short term entry wher you have to keep track of stock momentum every day.

I have used the following indicator for this one.

''MacdExtSignal( ARRAY fastperiod, ENUM fastmovingaveragetype, ARRAY slowperiod, ENUM slowmovingaveragetype, ARRAY signalperiod, ENUM signalmovingaveragetype)''

MACD Signal with controllable MA type
The MACD Histogram show the divergence between the MACD and its reference line (the 9-day Exponential Moving Average). The MACD Histogram with controllable MA type let you choose the Moving average type to use in MACD Histogram calculations

(MACD returns the Moving Average Convergence Divergence indicator. MACD is a momentum oscillator, yet its primary use is to trade trends. MACD has two lines, one called MACD line or fast line and the other MACD signal or slow line. Moving Average Convergence/Divergence with controllable MA type let you choose the Moving average type to use in MACD calculations.)

EXAMPLE
MacdExtSignal(5, _MaSma, 3, _MaSma, 15, _MaSma).

The formula i used here is,(Just tweaked),You can change the parameters as per your need for better results.
var1 = Cross(MacdExtSignal(5,_MaSma,3,_MaSma,15,_MaSma), 0.1);
filter = (var1);







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Type: Watch List

Object ID: 787


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