Advanced Programming Training Videos – MACD Trading Signals

• 11/01/2020 at 7:58 PM #149209
  Courtney Smith

  This is probably a very trivial answer but I have been studying this for quite some time now, but I just cant seem to understand why the signal produced in the training video builds a line graph that goes up (increase +1) and down???? (down being the key part) The positive slope part I understand but there is no -1 in the code and cant seem to put it together why the line graph goes down as well. I feel like the “increase” indicator should only have a positive slope.

  #Practiceing MACD Loops

  MyMACD = MACD[12,26,9](close) increase = 0 For a= 1 to 20 do if MyMACD [a] > MyMACD[a+1] and MyMACD [a] >0 then increase = increase +1 endif next return increase

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  MyMACD = MACD[12,26,9](close)   increase = 0 For a= 1 to 20 do if MyMACD [a] > MyMACD[a+1] and MyMACD [a] >0 then increase =  increase +1 endif next   return increase

   

  

  Courtney Smith

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  12/03/2020 at 5:21 PM #152515
  Nicolas

  It doesn’t decrease, the count of total MACD increase over the last 20 bars is recounted on each bar, starting from zero. So from one candle to another, the count of “increase” condition could be more or less than the one of the previous period.

  

  Nicolas

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