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Thread: Stochastic upturn / downturn indicator for macd above, below zero

  1. #1

    Default Stochastic upturn / downturn indicator for macd above, below zero

    Hi Funyoo,

    This is a request for an indicator, with arrow, and audio and pop-up alert options.

    Two signals possible:

    (1) When MACD is >= 0, up arrow signal whenever stochastic turns from down (or flat) to up.

    (2) When MACD is < 0, down arrow signal whenever stochastic turns from up (or flat) to down.

    I have a theory that a stochastics reversal to up when MACD indicates an uptrend (and vice-versa) is more meaningful than when MACD indicates a downtrend (and vice-versa). This will help me gather the evidence for my theory.

    Thanks for all you do for us here.
    Last edited by joekool; 06-24-2010 at 17:37.

  2. #2
    Administrator funyoo's Avatar
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    Quote Originally Posted by joekool View Post
    Hi Funyoo,

    This is a request for an indicator, with arrow, and audio and pop-up alert options.

    Two signals possible:

    (1) When MACD is >= 0, up arrow signal whenever stochastic turns from down (or flat) to up.

    (2) When MACD is < 0, down arrow signal whenever stochastic turns from up (or flat) to down.

    I have a theory that a stochastics reversal to up when MACD indicates an uptrend (and vice-versa) is more meaningful than when MACD indicates a downtrend (and vice-versa). This will help me gather the evidence for my theory.

    Thanks for all you do for us here.
    Hi joekool,

    Here is Stochastic Up Turn Down Turn.
    Attached Files Attached Files

  3. #3

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    Thanks Funyoo, exactly what I need.

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funyoo, indicator, macd, request, signals, stochastic

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