Free MACD Scan December 26 2014

December 31, 2014

 

Not to promoting Automating Mechanical trading systems. Just to highlight using program to scan (search through) the database can save you a lot of time to narrow down from few hundred stocks to twenty or thirty stocks to review. AmiBrokerAcademy.com uses AFL and MACD theory to scan the data base.

 

You can learn more on  AmiBroker Formula Language from the following link  http://www.amibroker.com/guide/AFL.html.

Important Links

You can find more about AmiBroker at the following link http://www.amibroker.com/

You can download free trial AmiBroker Charting Software at the following link http://www.amibroker.com/download.html

 

Youtube

You can also watch an introduction of AmiBroker on Youtube in the following https://www.youtube.com/watch?v=IX6GLtqNFZU

 

Oscillator Moving Average Convergence Divergence

MACD is a popular trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.

Four MACD Signals:

  1. Crossovers – Sell Strategy, MACD crosses below the signal line. Buy Strategy, MACD rallies above the signal line. It is advisable to wait for confirmation to reduce possible whipsaw.
  2. Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
  3. Cross Zero Line – MACD moves above or below zero line. Upward trend: Cross above zero line, short MA above long MA. Downward trend: Cross below zero line, short MA below long MA.
  4. Dramatic rise or fall – MACD rises or decline dramatically – when the shorter moving average pulls away from the longer-term moving average – Oversold or Overbought.

 

Free Singapore Stocks MACD Scan for Stocks closed greater than thirty (30) cents on Friday December 26,  2014

  1. Stock volume traded greater 500K
  2. MACD line crosses above MACD signal – Bullish trend
  3. MACD line crosses above zero line – Bullish trend
  4. MACD Histogram +ve Divergence – Bullish trend
  5. MACD line crosses below MACD signal – Bearish trend
  6. MACD line crosses below zero line – Bearish trend
  7. MACD Histogram -ve Divergence – Bearish trend

 

Ticker Company Date Bias Close Vol.(K) Screening Result
5I0 QT VASCULAR LTD.. 26/12/2014 Bullish 0.31 8994 MACD Cross-Up ZeroLine
G13 GENTING SINGAPORE PLC 26/12/2014 Bullish 1.07 4446 MACD Cross-Up Signal
MC0 GLOBAL LOGISTIC PROP LIMITED 26/12/2014 Bullish 2.48 3118 MACD Cross-Up Signal
NS8U HUTCHISON PORT HOLDINGS TRUST 26/12/2014 Bullish 0.685 2443 MACD Cross-Up ZeroLine
C52 COMFORTDELGRO CORPORATION LTD 26/12/2014 Bullish 2.61 1368 MACD Cross-Up ZeroLine
K71U KEPPEL REIT 26/12/2014 Bullish 1.21 1072 MACD Cross-Up Signal
NR7 RAFFLES EDUCATION CORP LTD 26/12/2014 Bullish 0.335 1027 MACD Cross-Up ZeroLine
S08 SINGAPORE POST LIMITED 26/12/2014 Bullish 1.895 902 MACD Cross-Up Signal
E3B WEE HUR HOLDINGS LTD. 26/12/2014 Bullish 0.375 813 MACD Cross-Up Signal
M44U MAPLETREE LOGISTICS TRUST 26/12/2014 Bullish 1.175 775 MACD Cross-Up Signal
L03 LIAN BENG GROUP LTD 26/12/2014 Bullish 0.6 745 MACD Cross-Up Signal

Sorted by bias and volume.

 

 

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

 

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