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FCHART Formula

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Old 19th September 2006, 09:45 PM
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Default FCHART Formula

Hi Seniors ,
I am sure some of u must be trading with the help of fcharts TA Software. Even though i have tried some formula's from the site ,I would like some experienced seniors to share their formulas they use in Fchart which they find highly successfull for a buy set up or sell
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Old 14th October 2006, 07:03 PM
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Smile Re: FCHART Formula

Hi,

You may try the following formula for short term Buy & Sell Signal:

(PREVIOUS MACDLINE < PREVIOUS MACD SIGNAL AND MACD LINE > MACD SIGNAL) AND (MA2 > PREVIOUS MA2 AND VOLUME > MAVOL)

Please put the same formula in (1) & (2). Now you change indicator settings of EMA1 to 9, 12, 26 & SMA1 to 13, 30 & 200. Please view the charts and see that indicator (1) & (2) are displayed in FCHART.

Cheers

Himadri Roy
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Old 19th October 2006, 08:00 AM
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Default Re: FCHART Formula

Thanks Himadiri FOR SHARING IT
I would try that. I shall update on it soon.
Thank you
Alleppian
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Old 20th October 2006, 03:50 PM
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Default Re: FCHART Formula

Quote:
Originally Posted by rhimadri View Post
(PREVIOUS MACDLINE < PREVIOUS MACD SIGNAL AND MACD LINE > MACD SIGNAL) AND (MA2 > PREVIOUS MA2 AND VOLUME > MAVOL)
Ummm. FCharts keywords must not have spaces - or you will get an error message.

This formula does run.
(PREVIOUS MACDLINE < PREVIOUS MACDSIGNAL AND MACDLINE > MACDSIGNAL) AND (MA2 > PREVIOUS MA2 AND VOLUME > MAVOL)

This formula is shorter to write.
( MACDLINE[1] < MACDSIGNAL[1] AND MACDLINE > MACDSIGNAL) AND (MA2 > MA2[1] AND V > MAVOL)

The advantgage of using the suffix [1] is that you could use [2] to access the PREVIOUS PREVIOUS MACDLINE - or you can use the keyword PREVIOUS more than once before an indicator's name.

Neil.

Last edited by Feel-me-knee; 20th October 2006 at 03:52 PM. Reason: Typo.
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