October 7, 2016
MACD is a great indicator, it provides a leading signal on trend change.
Trader’s rule #1, wait for confirmation before entry.
Rule #2, all setup can fail.
Generally, trade on stocks that have MACD signals will provide a faster results as compare to those that do not have signal to begin with.
Note: all setup can fail. It is true for MACD setup too.
October 6, 2016 US Stock MACD Scan Results
The Following are October 6, 2016 One-day US Stock MACD Screening Outcome
The following are script generated signals using the Powerful AmiBroker AFL. AmiBroker is a powerful charting software. The results here are not meant to be used for buy or sell decisions. We do not vouch for their accuracy; depending of the author trading rules. They are meant to demonstrate the powerful Amibroker charting software functionality.
For your information, the results took less than ten minutes to screen to the more than six thousands stocks listed in NASDAQ, NYSE, and AMEX.
NOT all scan results are shown here. To narrow the results, we filter and only those greater than 100 dollars and those more than 1,000 k changing hands.
Note:
Users must understand what MACD is all about before using the results.
| Ticker | Company | Date | Close | Vol.(K) | Screening Result |
| AGN | Allergan, Inc. | 6/10/2016 | 237.41 | 2347 | MACD Cross-Up Signal |
| RTN | Raytheon Company | 6/10/2016 | 138.25 | 1616 | MACD Cross-Up Signal |
| CLX | Clorox Company (The) | 6/10/2016 | 122.73 | 1082 | MACD-H +ve Divergence |
| UNH | UnitedHealth Group Incorporated | 6/10/2016 | 136.47 | 4025 | MACD Cross-Down ZeroLine |
| BIDU | Baidu, Inc. | 6/10/2016 | 181.52 | 1757 | MACD Cross-Down ZeroLine |
| ADBE | Adobe Systems Incorporated | 6/10/2016 | 108.56 | 1591 | MACD Cross-Down Signal |
| AET | Aetna Inc. | 6/10/2016 | 113.99 | 1470 | MACD Cross-Down Signal |
| LEA | Lear Corporation | 6/10/2016 | 121.79 | 1108 | MACD -ve Divergence |
| TAP | Molson Coors Brewing Company | 6/10/2016 | 107.73 | 1074 | MACD Cross-Down Signal |
Another by products, when shorter list means the market are quieter, less activities, means …, more bullish signals means, more bearish signals means, …. So, the screening provides you a lot of dimension. The conclusion is to make your trading plan, buy and hold, or lets move the money elsewhere for the meantime.
Have fun!