March 16, 2015
You Here Because …
You are here because you want to know which stock or stocks may move! MACD Scan may give you some clue.
The site here provides you free MACD scan. We use Singapore Stock Markets to illustrate the MACD Scan.
MACD Moving Average Convergence Divergence
Free Moses’ Singapore Stocks MACD Screener for Stocks closed thirty (30) cents or more on Friday March 13, 2015
MACD is a popular trend following momentum indicator that shows the relationship of two moving averages of price action; the MACD line and signal line.
MACD provides an early warning that the particular stock may change in direction through 1) Crossovers, 2) Divergence, 3) Cross Zeroline, and 4) Dramatic rise or fall.
Save Time, No Emotions
MACD helps to spot stocks may move or may move in the near future. MACD Scan just like any other scan help to reduce the time to check stock by stock. There are nearly 1000 stocks listed in Singapore Stock Exchange, SGX. It only takes a few minutes to run through all the stocks store on the database, with a single minded rules without emotions.
But, the direction has not change yet. It is similar to the logic of traffic light. You do not have to stop, although there is a possibility that you would have to stop. MACD gives you a headsup on possible change in direction. So, wait for confirmation. What is confirmation? Confirmation is surely the direction has change.
You can find stock volume traded 500K or more with the one of the following condition.
- MACD line crosses above MACD signal – Bullish trend
- MACD line crosses above zero line – Bullish trend
- MACD Histogram +ve Divergence – Bullish trend
- MACD line crosses below MACD signal – Bearish trend
- MACD line crosses below zero line – Bearish trend
- MACD Histogram -ve Divergence – Bearish trend
Sorted by bullish or bearish and volume.
Trader’s Note:
You are able to do the MACD Scan by hand; eyeball the MACD signal on the chart to filter the stocks. You will step by step to identify the MACD to spot the PA to spot potential price movement. Most important the AmiBroker’ AFL, AmiBroker Formula Language is a powerful programming tool that you could store the steps in trading.
Thanks for visiting this extra ordinary site, AmiBrokerAcademy.com.
Watch this space here, some great stock will be analyse here. See you more.
Moses
DISCLAIMER
Stock trading is not a get rich quick scheme and it is high risk.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.
You should seek advice from your broker, or licensed investment advisor, before taking any action.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids.
Trading is personal. You are responsible for your own trading decision.
The comment is the author personal experience. There is no intent for your believe and follow.