/*********************************Provided By: eSignal (Copyright c eSignal), a division of Interactive Data Corporation. 2009. All rights reserved. This sample eSignal Formula Script (EFS) is for educational purposes only and may be modified and saved under a new file name. eSignal is not responsible for the functionality once modified. eSignal reserves the right to modify and overwrite this EFS file with each new release.Description: MACD Reversed Crossover Strategy, by Donald W. Pendergast Jr.Version: 1.0 01/08/2009Formula Parameters: Default: Fast Length 12 Slow Length 26 Smoothing 9Notes: The related article is copyrighted material. If you are not a subscriber of Stocks & Commodities, please visit www.traders.com.**********************************/var fpArray = new Array();var bInit = false;var bVersion = null;function preMain() { setPriceStudy(false); setShowTitleParameters( false ); setStudyTitle("MACD Reversed Crossover Strategy"); setColorPriceBars(true); setDefaultPriceBarColor(Color.black); setCursorLabelName("MACD", 0); setCursorLabelName("Signal", 1); setDefaultBarFgColor(Color.green, 0); setDefaultBarFgColor(Color.red, 1); setDefaultBarThickness(2, 0); setDefaultBarThickness(2, 1); var x=0; fpArray[x] = new FunctionParameter("FastLength", FunctionParameter.NUMBER); with(fpArray[x++]){ setName("Fast Length"); setLowerLimit(1); setDefault(12); } fpArray[x] = new FunctionParameter("SlowLength", FunctionParameter.NUMBER); with(fpArray[x++]){ setName("Slow Length"); setLowerLimit(1); setDefault(26); } fpArray[x] = new FunctionParameter("Smoothing", FunctionParameter.NUMBER); with(fpArray[x++]){ setName("Smoothing"); setLowerLimit(0); setDefault(9); }}var xMACD = null;var xSignal = null;function main(FastLength, SlowLength , Smoothing) { if (bVersion == null) bVersion = verify(); if (bVersion == false) return; if (getCurrentBarIndex() == 0) return; if ( bInit == false ) { xMACD = macd(FastLength, SlowLength, Smoothing); xSignal = macdSignal(FastLength, SlowLength, Smoothing); bInit = true; } if (xSignal.getValue(-1) == null) return; if(xSignal.getValue(-2) >= xMACD.getValue(-2) && xSignal.getValue(-1) < xMACD.getValue(-1) && !Strategy.isLong()) { Strategy.doLong("Long", Strategy.MARKET, Strategy.THISBAR); } if(xSignal.getValue(-1) > xMACD.getValue(-1) && Strategy.isLong()) { Strategy.doSell("Exit Long", Strategy.MARKET, Strategy.THISBAR); } if(Strategy.isLong()) setPriceBarColor(Color.lime); else setPriceBarColor(Color.black); return new Array(xMACD.getValue(0), xSignal.getValue(0));}function verify() { var b = false; if (getBuildNumber() < 779) { drawTextAbsolute(5, 35, "This study requires version 8.0 or later.", Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT, null, 13, "error"); drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp", Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT, null, 13, "upgrade"); return b; } else { b = true; } return b;} |
