Weekly MACD Crossover

jusplainjim
jusplainjim ✭
in Scanning
I would like to set up a scan for full week end of week data crossover of MACD line with MACD signal line.
I can't seem to work it out, and would appreciate some help.
Jim

Comments

  • markd
    markd mod
    edited June 2018
    I'm not exactly sure how Stockcharts handles weekly scans when run mid week. Do they count the days of the incomplete week as a full week, or do they use the most recent completed week?

    In any case, I believe that if you run a weekly scan using the calendar tool to set the scan date to the most recent Friday (or Thursday, if Friday was a holiday, as on Good Friday), you will get accurate results as of that day.

    In any case, the crossover scan would be

    [group is sp500] // or your choice of symbol attributes

    and [weekly MACD Line(12,26,9) x weekly MACD Signal(12,26,9)]

  • jusplainjim
    jusplainjim ✭
    Thanks Mark, just what I was looking for.

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