Free Singapore Stocks MACDScan December 24, 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 Wednesday December 24,  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

Sorted by bias and volume.

Free Singapore Stocks MACD Scan for Stocks closed greater than one (1) dollar on Wednesday 24 December 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

Sorted by bias, and volume.

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

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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.

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