Need help with macd screener

• 03/30/2017 at 12:01 PM #30319
  Patrick K Templar

  Hello I just need help with the macd screener with a variable look back.

  I tried using the automated service but I can’t get it to work

  all I wanted to know is when the Macd signal line and MacD Liner have crossed or are equal and if that is up or if that is down,

  and then be able to adjust how many bars it looks back so on a 4hour chart I want it to look back 20, so that’s 20 4hour bars, if someone here could be really helpful and get this sorted for me I would be so grateful thank you very much

  

  Patrick K Templar

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  03/31/2017 at 9:50 AM #30474
  Nicolas

  This is the code you need. It will fetch through the last lookback periods to know if the MACD signal line has crosses over or under the zero line. It will always give you the last signal (bearish=1 or bullish=-1 one), because of course many crosses may have occurred in the lookback period!

  signal=MACDline[12,26,9](close) lookback=10 for i = 0 to lookback do if signal[i] crosses over 0 then condition=1 direction=1 break endif if signal[i] crosses under 0 then condition=1 direction=-1 break endif next screener[condition](direction as "bull or bear")

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  signal=MACDline[12,26,9](close)   lookback=10   for i = 0 to lookback do if signal[i] crosses over 0 then condition=1 direction=1 break endif if signal[i] crosses under 0 then condition=1 direction=-1 break endif next   screener[condition](direction as "bull or bear")

   

  

  Nicolas

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  03/31/2017 at 6:34 PM #30560
  Patrick K Templar

  thank you Nicolas BUT  it need to be the macd line NOT zero line,  I am going to try and fix it my self but just  in cases could you as well please

  

  Patrick K Templar

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  03/31/2017 at 7:31 PM #30562
  Patrick K Templar

  hello iv just gave it a try and i found the same issues  if that the look back period never seems to work  it set to 2 or 3 and it still counting all the crosses  it does not seam to do it job, any thoughts on that

  

  Patrick K Templar

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  04/02/2017 at 7:00 PM #30749
  Nicolas

  I found the mistake sorry, I didn’t reset the condition variable at each iteration.

  I changed the crosses detection to the MACD line with its signal line instead of the zero one.

  Mline=MACDline[12,26,9](close) Msignal=exponentialaverage[9](Mline) lookback=3 condition=0 for i = 0 to lookback do if MLine[i] crosses over Msignal[i] then condition=1 direction=1 break endif if Mline[i] crosses under Msignal[i] then condition=1 direction=-1 break endif next screener[condition](direction as "bull or bear")

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  Mline=MACDline[12,26,9](close) Msignal=exponentialaverage[9](Mline)   lookback=3 condition=0 for i = 0 to lookback do if MLine[i] crosses over Msignal[i] then condition=1 direction=1 break endif if Mline[i] crosses under Msignal[i] then condition=1 direction=-1 break endif next   screener[condition](direction as "bull or bear")

   

  

  Nicolas

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  04/04/2017 at 4:21 PM #31013
  Patrick K Templar

  Thank you ever so much for what you just did, really appreciate it I struggle a lot with the code on PReal it even though it’s very simple I just do not have the hindsight I haven’t got it, so thank you very much

  kind regards

  Patrick k Templar

  

  Patrick K Templar

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