Add Protrader search for MACD crossing zero line
Present search finds MACD crossing signal line. Adding a search for MACD crossing the zero line would help identify the beginning of MACD bullish region.
18
votes
Joe Benson
shared this idea
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Peter Schaffler
commented
If we could search for the histogram data going from negative to positive that would be a game changer.
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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.