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  • MACD Crossover

    Can anybody please create a MACD efs for me and then alert me using yellow arrows everytime it crosses over? My Fast Line is 12, Slow, 26 and Signal Smoothing 9. Also, can you please show me where do I save this efs in eSignal?

    Thank in advance.

  • #2
    Hello bogey,

    This is an MACD crossover formula, which will draw yellow arrows at the crossover points. If used on an intra-day interval, the arrows will be drawn or removed intra-bar as the conditions change. Save this formula to a folder inside /eSignal/Formulas/.

    All of the formula parameters for the MACD study can be changed via the "Edit Studies" option. The defaults are as follows:
    nFastLength: Default is 12.
    nSlowLength: Default is 26.
    nSmoothing: Default is 9.
    nPriceSource: Default is Close (valid inputs: Open, High, Low, Close, HL/2, HLC/3 and OHLC/4).
    nSimpleMA_TorF: Default is False (True = Simple Moving Average, False = Exponential Moving Average).

    MACDx-over.efs

    Jason K.
    Project Manager
    eSignal - an Interactive Data company

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