It looks like you're new here. Sign in or register to get started.
Other Charting Tools
Saved Charts and ChartLists
Other StockCharts Questions
Using Technical Analysis
InterMarket and International
Market and Breadth Indicators
S.C.A.N the StockCharts Answer Network forum
Using this StockCharts Answer Network forum
The Cogitation & Rumination Emporium
Forum Test Area
New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Is there a way to create a scan for V-MACD? (Volume based MACD)
I am not familiar with a volume based macd. Does it use daily, weekly or monthly data?
Hate to copy and paste but it is pretty detailed....
It looks like it's a proprietary indicator from that site.
From the explanation, it looks like you could filter normal MACD with ATR, except that ATR is not normalized, so one cut-off level would not work for all stocks. So, you could set up a chart list with ATR and MACD, and determine a horizontal cut-off line on ATR for each one. But you couldn't scan the list for crossovers. You could probably set up individual alerts, though.
Hmm, I will have to look into setting that up. I appreciate the help!
Powered by Vanilla