Comment on Managing your Script

mira commented on 26 Aug 2013, 05:09 AM

Dear Madam / Sir,
Thank you for your reply.

My MACD parameter are 9,8,18 where 9 is the signal line and 8 is the slow moving average (sma) (RED) and 18 is the fast moving average (fma) (GREEN) of MACD.

What is the code for MACD crossover of fma and sma:
BUY for fma (GREEN) (18) crossing sma (RED) (8) from below
SELL for fma (GREEN) (18) crossing sma (RED) (8) from top

Also is it possible to get alert for the following conditons:
– GREEN LINE > RED LINE (Bullish) and the signal line (Histogram) changes colour from GREEN to RED …indicating the price would fall in the future

– GREEN LINE < RED LINE (BEARISH) and the signal line (Histogram) changes colour from RED to GREEN …indicating the price would fall in the future

I have another requirement where I calculate the break out and break down prices of 150 cash scrips of NSE and feed it in the system and get alerts when :

– when share price become greater than break out price and scrips sorted in descending order starting with highest volumes on top
– when share price becomes less thant break down prices and scrips sorted in descending order starting with highest volume on top

You have informed that I should apply the strategy to various charts and do not open the charts to reduce bandwidth requirement.

Thanks and Regards,
Mira Mitra

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