You are here

Formula: 10x8 MAC

Printer-friendly versionPDF version

Formula 10x8 Mac

A buy signal is generated when a complete price bar, open/high/low/close appears above the upper 10x8 Band, also, that bar, along with any subsequent bar that maintains a complete open/high/low/close above the upper 10x8 Band is colored green.

A sell signal is generated when a complete price bar, open/high/low/close appears below the lower 10x8 Band, also, that bar, along with any subsequent bar that maintains a complete open/high/low/close below the lower 10x8 Band is colored red.

A neutral market, according to the 10x8 MAC, is identified by price bars that close between the upper and lower bands, and are colored yellow.