Singapore Stocks Free MACDSCAN December 23, 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.

 

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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 Tuesday December 23,  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
E5H	GOLDEN AGRI-RESOURCES LTD	23/12/2014	Bullish	0.44	27514	MACD Cross-Up Signal
B2F	M1 LIMITED	23/12/2014	Bullish	3.59	5877	MACD Cross-Up Signal
S24	STATS CHIPPAC LTD	23/12/2014	Bullish	0.46	4657	MACD Cross-Up ZeroLine
U11	UNITED OVERSEAS BANK LTD	23/12/2014	Bullish	24.48	3833	MACD Cross-Up ZeroLine
F34	WILMAR INTERNATIONAL LIMITED	23/12/2014	Bullish	3.21	3153	MACD Cross-Up Signal
D5IU	LIPPO MALLS INDO RETAIL TRUST	23/12/2014	Bullish	0.335	3075	MACD Cross-Up Signal
O39	OVERSEA-CHINESE BANKING CORP	23/12/2014	Bullish	10.41	2964	MACD Cross-Up Signal
K17	KEPPEL LAND LIMITED	23/12/2014	Bullish	3.38	2217	MACD Cross-Up Signal
MS7	VARD HOLDINGS LIMITED	23/12/2014	Bullish	0.595	2020	MACD Cross-Up Signal
W05	WING TAI HLDGS LTD	23/12/2014	Bullish	1.62	1468	MACD Cross-Up Signal
P7VU	HUTCHISON PORT HLDGS TRUST S$	23/12/2014	Bullish	0.9	1311	MACD Cross-Up Signal
CC3	STARHUB LTD	23/12/2014	Bullish	4.12	1270	MACD Cross-Up ZeroLine
M04	MANDARIN ORIENTAL INTL LTD	23/12/2014	Bullish	1.695	529	MACD Cross-Up Signal
N2IU	MAPLETREE COMMERCIAL TRUST	23/12/2014	Bearish	1.42	1472	MACD Cross-Down ZeroLine

Sorted by bias and volume.

Free Singapore Stocks MACD Scan for Stocks closed greater than one (1) dollar on Tuesday 23 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

 

Ticker	Company	Date	Bias	Close	Vol.(K)	Screening Result
B2F	M1 LIMITED	23/12/2014	Bullish	3.59	5877	MACD Cross-Up Signal
U11	UNITED OVERSEAS BANK LTD	23/12/2014	Bullish	24.48	3833	MACD Cross-Up ZeroLine
F34	WILMAR INTERNATIONAL LIMITED	23/12/2014	Bullish	3.21	3153	MACD Cross-Up Signal
O39	OVERSEA-CHINESE BANKING CORP	23/12/2014	Bullish	10.41	2964	MACD Cross-Up Signal
K17	KEPPEL LAND LIMITED	23/12/2014	Bullish	3.38	2217	MACD Cross-Up Signal
W05	WING TAI HLDGS LTD	23/12/2014	Bullish	1.62	1468	MACD Cross-Up Signal
CC3	STARHUB LTD	23/12/2014	Bullish	4.12	1270	MACD Cross-Up ZeroLine
M04	MANDARIN ORIENTAL INTL LTD	23/12/2014	Bullish	1.695	529	MACD Cross-Up Signal
N2IU	MAPLETREE COMMERCIAL TRUST	23/12/2014	Bearish	1.42	1472	MACD Cross-Down ZeroLine

Sorted by bias, and volume.

 

 

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

 

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