MACD crossover the center (zero) line
Want/need the capability to query when the MACD crosses over the zero line
John McGrane
shared this idea
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Eric Majewski
commented
the protrader function only allows for MACD line cross signal line, it doesn't have a function for crossing the ZERO LINE. i think you are confusing MACD bullish/bearish crossover with MACD crossing zero line
they are not the same thing
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Steven Lopez
commented
I am surprised this one did not get many votes. I have found this to be a significant indicator in the past.
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Michael Champion
commented
I support this idea and would like to add my own which is similar.
I find that it is a great time to enter a trade when the MACD is turning up from below zero. This usually happens a few periods before the crossover with the signal line.
This is particularly powerful if it is supported with a Stochastic rising out of an oversold position or the RT rising from below one.
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Paul Alexander
commented
This can be done by going to "Stocks" then "Price/Volume" and selecting "Price (split-adjusted)" as your parameter. Then look for "ProTrader" under the operator. Under that menu is almost a dozen cross-over parameters. The MACD is one of them. It allows for detection of a MACD cross over above or below and within 1 to 5 days.
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Salvatore Badalamenti
commented
The MACD centerline crossover would be a powerful component of the watchdog and unisearch
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Ernest Gavalda
commented
Give the choice "is currently" to "cross" above or below.