MACD - composite EMA

Amibroker AFL Formula


Here is how to use the formula:-
1. Buy when MACD crosses upper most line.
2. To add to investment when:-
a. MACD violates signal line and crosses back/again and still both the lines remains above the uppermost line.
3. To sell when MACD comes below 2nd line.
4. To short when MACD comes below lower most line.
5. To add to short when:-
a. MACD crosses signal line in upwards direction and crosses back and still both the line remains below lower most lines.


Download Now

No comments:

Post a Comment