MACD Crossovers

The MACD Crossover scan searches for when the Moving Average of the MACD crosses the Signal line of the MACD while above or below a value of zero. It can also search for when the Moving Average crosses the Signal line regardless of the value.

These settings would scan for a 5 bar Moving Average crossing a MACD, using a 5 and 25 bar Moving Average. The cross would occur while above a value of 0. The MACD scan would be applied to a Daily chart.

The red 5 bar Moving Average crossing the MACD.  

Above the value of 0.

Scan For 

• Crossover Above 0:         Select this option to scan for when the Moving Average crosses the MACD line and its value is above 0.

• Crossover Below 0:         Select this option to scan for when the Moving Average crosses the MACD line and its value is below 0,

• Cross Above Signal:        Select this option to scan for when the Moving Average crosses above the MACD line. Its value is not considered,

• Cross Below Signal:        Select this option to scan for when the Moving Average crosses below the MACD line. Its value is not considered.

MA 1 & MA 2  

These are the two Moving Averages used to calculate the MACD.

MA3

This is the Moving Average of the MACD. Setting this to 30 would create a 30 period Moving Average of the MACD.