Free MACD Scan, December 17 2014

December 28, 2014

Instead of scroll through the stocks one at a time to identify good trade. It will be more efficient to use either a script or a program to scan through the stocks to narrow down the stocks to fewer for further details study and analysis.

The site here use AFL, AmiBroker Formula Language and MACD indicator to screen the stocks. You can check out AFL from the following link  http://www.amibroker.com/guide/AFL.html.

Important Links

You can find more about AmiBroker at the following link http://www.amibroker.com/

You can download free trial AmiBroker Charting Software at the following link http://www.amibroker.com/download.html

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 fifty (50) cents on Wednesday December 17,  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

Sorted by bias and volume.

Free Singapore Stocks MACD Scan for Stocks closed greater than ten (10) cents on Wednesday 17 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

Sorted by bias, and volume.

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

DISCLAIMER

Stock trading is not a get rich quick scheme and it is high risk.

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids.

Trading is personal. You are responsible for your own trading decision.

The comment is the author personal experience. There is no intent for your believe and follow.

Important Links

You can find more about AmiBroker at the following link http://www.amibroker.com/

You can download AmiBroker Charting Software at the following link http://www.amibroker.com/download.html