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Thought of the Day
Let’s talk affection, some traders do have strong affection for some stocks. They just can not stop owning them. This is beyond technical analysis and fundamental. Try to relax, go slow and allow things to unfold in their own due course. Maybe this relationship or should say focus could grow into something lasting, making money. It will be worth the wait!
AmiBroker Formula Language
AFL is a programming language allow you to program you trading strategy to screen the market. The amibrokeracademy.com provides free Singapore stock MACD indicator screener. The MACD indicator screener uses the AmiBroker powerful charting software’s AmiBroker Formula Language.
For October 28 Singapore Stocks MACD Scan Results
MACD stands for Moving Average Convergence Divergence. The indicator is made up of 2 lines, MACD line and signal line.
In this post, we only provide a list of Singapore stocks that have MACD bullish or bearish signal base on the following. The list only for stocks that closed thirty five (35) cents or more and has 500,000 shares changed hands.
- MACD line crosses above MACD signal – Bullish trend
- MACD line crosses above zero line – Bullish trend
- MACD Histogram +ve Divergence – Bullish trend
- MACD line crosses below MACD signal – Bearish trend
- MACD line crosses below zero line – Bearish trend
- MACD Histogram -ve Divergence – Bearish trend
There are more stocks have bearish signal than bullish. The MACD Scan results provides a market perspective.
October 28, 2015 Singapore Stocks MACD Scan Results
Thanks for visiting the website. You can read about other stock scan and analysis here.
Moses
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