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You tend to follow what everyone think it is good, and right now your account could look a little bit like a gopher’s nest. Stacks of stock could look likes the Eiffel Tower in height. It is a good idea to clear out the losing one. You need to get organized.
AmiBroker Formula Language
AFL is a programming language allow you to program you trading strategy to screen the market. The amibrokeracademy.com provides free Singapore stock MACD indicator screener. The MACD indicator screener uses the AmiBroker powerful charting software’s AmiBroker Formula Language.
October 29 Singapore Stocks MACD Scan Results
MACD stands for Moving Average Convergence Divergence. The indicator is made up of 2 lines, MACD line and signal line.
In this post, we only provide a list of Singapore stocks that have MACD bullish or bearish signal base on the following. The list only for stocks that closed thirty five (35) cents or more and has 500,000 shares changed hands.
- 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
The following are the stocks that has MACD signal on October 29. There are more stocks have bearish signal than bullish. The MACD Scan results provides a market perspective; Singapore stocks market is bearish.
October 29, 2015 Singapore Stocks MACD Scan Results
Thanks for visiting the website. You can read about other stock scan and analysis here.
Moses
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