MACD Scripting

Optuma Forums Optuma Scripting MACD Scripting

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  • #60009
    AvatarLester
    • Topics: 19
    • Replies: 29
    • Posts: 48

    Good Morning,
    I wish to use MACD to detect when a CrossAbove occurs from a very low (oversold) area.  Please see attached picture to explain.

    Rather than trying script components of the MACD formula, I was wondering if Optuma already has MACD components built in?

    Cheers, Lester

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    #60022
    MatthewMatthew
    • Topics: 5
    • Replies: 311
    • Posts: 316

    Hi,

    There are 4 preset MACD scripts within Optuma.  To see them go to Settings – Script Manager and search for MACD.  The results will be displayed, and you can click on each to see the underlying script being used:

    Ex4

    If the criteria you are after is not listed here you would need to build a custom script.

    Based on your example it looks like you’d need to build a custom code, as you’re looking for crossovers to occur under a specific value.

    #60031
    AvatarLester
    • Topics: 19
    • Replies: 29
    • Posts: 48

    Hi Matthew,
    Thanks for your reply.  I have now sorted a script.

    Cheers, Lester

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