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MACD For Case Schiller?

By xlr8   Follow   Wed, 23 Feb 2011, 5:37am   331 views   1 comment
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Moving Average Conversion Diversion (MACD) is very useful indicator of a security momentum.
Is there something similar for Case Schiller index?

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1. 0utside Party .. Follow Befriend 12 comments

   1   7:35am Wed 23 Feb 2011   Share   Quote   Permalink   Like   Dislike   MACD is a mathematical algorithm that may be applied to any data series. It's a matter of having access to the data series, applying the algorithm, and then charting the series alongside the algorithm. You could do this in Excel if you wanted to. Here is how -- http://excelta.blogspot.com/2007/11/macdmeaning.html Since the MACD is considered a lagging (after-the-fact and not necessarily predictive) indicator, may I recommend using an algorithm that is leading (predictive)? Anything based entirely on unfiltered moving averages (such as the MACD) is a lagging indicator. Try the CCI (Commodity Channel Index) or the True Strength Index (TSI) with a 9-unit moving average. Look for oversold signals that then move upward and cross the zero line. That is a buy signal. CCI in Excel -- http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:commodity_channel_index_cci TSI formula -- http://forexforums.dailyfx.com/indicator-sdk-support/70767-how-tsi-true-strength-index-calculated.html