Stock Screener

MACD and Signal Line

Details of the indicator can be found at MACD.

Signals

  • Bull Signals
    When MACD crosses to above the signal line
  • Bear Signals
    When MACD crosses to below the signal line
macd stock screener

To Set the MACD Filter:

  1. Select the MACD filter
  2. Then select an appropriate time period filter
  3. Choose between a Bull signal or a Bear signal
  4. Select the number of days within which the crossover must have occurred or excluded
  5. Click on the Add button to add the filter.

MACD Zero Crossover

If MACD gives a bull/bear signal and respects the zero line, the signal is stronger.

Example

McGuigan Simeon Wines with     MACD and     MACD Signal Line.

ma respects zero
  1. MACD respects zero and crosses to above its signal line.

Signals

  • Bull Signals
    When MACD crosses to above zero
  • Bear signals
    When MACD crosses to below zero
macd crossover filter

To Combine the Two MACD Filters:

  1. Select the MACD filter
  2. Then select an appropriate time period filter
  3. Choose identical Bull signal or Bear signal settings for both filters
  4. Insert a low number of days for both filters, preferably "1" trading day
  5. Click on the Add button to add the filter.
Colin Twiggs

Author: Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.

Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.

Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.

He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.