MACD stands for Moving Average Convergence Divergence.

The indicator is made up of 2 lines. The MACD Line (fast line) and MACD Signal Line (slow line).

When the MACD Line crosses over the MACD Signal Line, the trend is bullish. When the MACD Line crosses below the MACD Signal, the trend is bearish.

In this blog, I will provide list of Singapore Market Stocks based on
1. MACD Line crosses above MACD Signal for bullish trend.
2. MACD Line crosses below MACD Signal for bearish trend.
3. Volume traded > 100,000 shares.

Links
ADX Scanner
RSI Scanner
Trading System

Friday, January 15, 2010

Scan 15 Jan 10

Symbol TypeDateClose PriceVolume
ADVANCED HOLDINGS LTD.Bearish1/15/20100.305997000
AUSGROUP LIMITEDBearish1/15/20100.6858410000
BAKER TECHNOLOGY LIMITEDBearish1/15/20100.321036000
BREADTALK GROUP LIMITEDBearish1/15/20100.69803000
CHINA PAPER HOLDINGS LIMITEDBearish1/15/20100.2341000
FIRST SHIP LEASE TRUSTBearish1/15/20100.61088000
GALLANT VENTURE LTD.Bearish1/15/20100.3113053000
HEALTH MANAGEMENT INTL LTDBearish1/15/20100.11272000
HI-P INTERNATIONAL LIMITEDBearish1/15/20100.745450000
HOE LEONG CORPORATION LTD.Bearish1/15/20100.4810766000
HONGWEI TECHNOLOGIES LIMITEDBearish1/15/20100.272330000
INDOFOOD AGRI RESOURCES LTD.Bearish1/15/20102.2914529000
KS ENERGY SERVICES LIMITEDBearish1/15/20101.26749000
MANHATTAN RESOURCES LIMITEDBearish1/15/20100.63331000
MAPLETREE LOGISTICS TRUSTBearish1/15/20100.793039000
NOBLE GROUP LIMITEDBearish1/15/20103.276582000
SAN TEH LIMITEDBearish1/15/20100.305342000
SEMBCORP MARINE LTDBearish1/15/20103.685864000
SMB UNITED LIMITEDBearish1/15/20100.3352186000
SSH CORPORATION LTD.Bearish1/15/20100.2552447000
SUNSHINE HOLDINGS LIMITEDBearish1/15/20100.0752200000
YONGNAM HOLDINGS LIMITEDBearish1/15/20100.2752850000
CAPITACOMMERCIAL TRUSTBullish1/15/20101.1810291000
DEVOTION ENERGY GROUP LIMITEDBullish1/15/20100.08233000
GLOBAL TECH (HLDGS) LIMITEDBullish1/15/20100.0151032000
GUOCOLEISURE LIMITEDBullish1/15/20100.765161502000
HLH GROUP LIMITEDBullish1/15/20100.031113000
JETS TECHNICS INTL HLDGS LTDBullish1/15/20100.02615000
STAR PHARMACEUTICAL LIMITEDBullish1/15/20100.095107000

Thursday, January 14, 2010

Scan 14 Jan 10

Symbol TypeDateClose PriceVolume
CHINA JISHAN HOLDINGS LIMITEDBearish1/14/20100.085128000
CNA GROUP LTD.Bearish1/14/20100.345816000
GUOCOLEISURE LIMITEDBearish1/14/20100.76336000
HAI LECK HOLDINGS LIMITEDBearish1/14/20100.35125000
HLH GROUP LIMITEDBearish1/14/20100.0251363000
JAYA HOLDINGS LTDBearish1/14/20100.625921000
PARKWAY HLDGS LTDBearish1/14/20102.942660000
SIA ENGINEERING CO LTDBearish1/14/20103.5569000
STI ETFBearish1/14/20102.98161000
SUNTEC REAL ESTATE INV TRUSTBearish1/14/20101.3514449000
YANGZIJIANG SHIPBLDG HLDGS LTDBearish1/14/20101.2211434000
YANLORD LAND GROUP LIMITEDBearish1/14/20102.0919158000
YING LI INTL REAL ESTATE LTDBearish1/14/20100.6221804000
Z-OBEE HOLDINGS LIMITEDBearish1/14/20100.2555407000
ADVANCE SCT LIMITEDBullish1/14/20100.05522488000
AUTRON CORPORATION LIMITEDBullish1/14/20100.03232000
LANTROVISION (S) LTDBullish1/14/20100.035560000
MANHATTAN RESOURCES LIMITEDBullish1/14/20100.66391000
MFG INTEGRATION TECHNOLOGY LTDBullish1/14/20100.17170000
SAN TEH LIMITEDBullish1/14/20100.31505000

MACD And Trading Software

MACD stands for moving average convergence or divergence, and is a technical indicator that was first created in the 1970s. The MACD shows differences between a slow and a fast EMA closing prices or exponential moving average. Since the MACD is based on the moving averages, it can sometimes be less than accurate.

When it comes to trading software, MACD is useful because it can find trend changes. The MACD is generally seen as a histogram or even an oscillator at times, so there are 3 signals created including the MACD line crossing the signal, the MACD crossing 0, and there being a difference between price and the histogram or between MACD line and the actual price. The signal line crossing is the normal trading rule, as many people believe you should buy when the MACD crosses the signal line going up, or you should sell when it goes down through the signal line.

When the MACD is used in trading software, this helps to keep you up to date with the current trends of the market, and the trading software will also help you to understand the MACD changes. If you are using smart trading software, it can alert you to the best times to buy and sell based on the MACD histogram. If you are using a normal trading software, the MACD will simply give you more information so you can make a better informed decision on your trades.

To calculate the MACD, the standard periods are used of 12 days and 26 days. MACD is equal to the EMA multiplied by 12 price, subtracted from EMA multiplied by 26 of price. The appearance of this equation is as follows: MACD= EMA (12) price-EMA (26) price. Then a shorter trigger line is made with another EMA of 9 days. The equation is as follows: trigger= EMA (9) of MACD where the MACD is the answer from the last equation.

Since trends are where the most money is normally made using trading software, using the MACD to find the moving averages makes sense. The MACD finds new trends and alerts you to these trends so that you can use the trading software to sell or buy according to trends. When you are using the MACD charts, there are 3 numbers to pay attention to. The first is the number of periods that are being used to create the fast average, the second is the number of periods for slow average and the last number is the amount of bars used to make the moving average. The moving average is the difference between the fast and the slow averages.

When a new trend has been found, it generally will be seen as the fast line crossing the slow line. When the fast line moves away from the slow line, the trend is seen. There are downsides to using the MACD with your trading software. This includes the fact that moving averages are not accurate with the actual price, since it is simply an average of historical pricing. The MACD shows moving averages, it can lag behind the actual pricing on the market.

Read more: http://www.articlesnatch.com/Article/Macd-And-Trading-Software/904417#ixzz0cXCyvJCS
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AIQ Systems, the world leader in intelligent Trading Software. Real-time and end of day charting, filtering and testing for stocks, futures, FOREX and mutual funds. Group analysis, build your own trading system, portfolio management and direct access trading through myTrack. For details visit http://www.aiqsystems.com