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Shared Scans
MACD Bullish Crossover (Intraday)
Name
MACD Bullish Crossover (Intraday)
Submitted
by
Mike Derr, Madison, WI
Periodicity
1 minute
MACD: MACD Oscillator
Explanation
This scan is used to discover bullish crossovers of the MACD. A cross of the zero line from negative to
positive territory of the MACD oscillator is considered a buy signal. This scan
could be applicable to other periodicities, such as daily, but the parameters specified
below are believed to be effective for 1 minute intraday observations.
Signal
MACD1 < 0 AND MACD >= 0
MACD
Price: Close
MA Type: Exponential
Short Term Period: 36
Long Term Period: 52
Signal Line Period: 18
Oscillator: check
To import the scan into Investor/RT, simply copy the italicized text below into a text file, save the text file, and then from the Investor/RT menu, choose FILE:OPEN:FILE and then select your saved text file. Ensure that your parameters and periodicities match those above.
BEGIN INVESTOR/RT SCAN
DEFINITION
COMMENT=MACD BULL from linnsoft.com
SOURCE=Chad Payne
DATE=06/28/99
VERSION=3.7
DATAFEED=myTrack
NAME=MACD_Bullish_Crossover
QP=.All Symbols
PERIODICITY=5
ELEM=MACD:MACD Oscillator:MACD Oscillator [Scan] (36, 52, 18)
SCAN=MACD1 < 0 AND MACD >= 0 ; Bullish Crossover of MACD Oscillator
ALERT=NO
SOUND=NO
FREQUENCY=0
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- Comments
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END INVESTOR/RT SCAN DEFINITION