iCharts Discussions

[hemant.icharts]

Below are the examples codes, you can customize the parameters as per your requirement. For Help on how to put this code in scanner, you can refer the video https://youtube.googleapis.com/v/icfr0r7vYt8 OR call / mail us.

For MACD using SIMPLE Average:


Bullish

For MACD above Center Line(i.e. above Zero) Center Line use this Code -- MACD(13, 26, 9, SIMPLE) > 0

For Bullish Crossover of MACD above MACD Signal line use this Code -- CROSSOVER(MACD(13, 26, 9, SIMPLE), MACDSignal(13, 26, 9, SIMPLE)) = TRUE

Bearish

For Bearish Crossover of MACD above MACD Signal line use this Code -- CROSSOVER(MACDSignal(13, 26, 9, SIMPLE), MACD(13, 26, 9, SIMPLE)) = TRUE

For MACD below Center Line(i.e. above Zero) Center Line use this Code -- MACD(13, 26, 9, SIMPLE) < 0


For MACD using EXPONENTIAL Average:


Bullish

For MACD above Center Line(i.e. above Zero) Center Line use this Code -- MACD(13, 26, 9, EXPONENTIAL) > 0

For Bullish Crossover of MACD above MACD Signal line use this Code -- CROSSOVER(MACD(13, 26, 9, EXPONENTIAL), MACDSignal(13, 26, 9, EXPONENTIAL)) = TRUE

Bearish

For Bearish Crossover of MACD above MACD Signal line use this Code -- CROSSOVER(MACDSignal(13, 26, 9, EXPONENTIAL), MACD(13, 26, 9, EXPONENTIAL)) = TRUE

For MACD below Center Line(i.e. above Zero) Center Line use this Code -- MACD(13, 26, 9, EXPONENTIAL) < 0