MACD has been good to me....How about You? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MACD has been good to me....How about You?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bald Man from Mars who wrote (111)	8/8/1998 1:27:00 AM
From: TLindt	Read Replies (2) of 1109

>>So there is a signal if the moving average crosses the bar ... Basically that is the mechanical trigger. >>Do we need another indicator for confirmation ??? MACD is especially valuable when used in conjunction with a momentum indicator such as Stochastic or RSI. >>>Is there some type of stocks that MACD works better ??? Like the more liquid issues vs. the less liquid issues ... It doesn't work on stock that are trading flat...that's a given. And that is why I gave you IBM...and SEEK. They are not even the same animals. But in general It seems to favor Stocks which are doing a wave pattern...higher highs higher lows..or lower highs lower lows. How I first stumbled on MACD was to try and guage a company by the name of CheckFree CKFR which is doing that wave cycle. Punch that symbol in and look at those clear signals....like getting run over by a truck it's so clear. I started pulling some off the tops and then adding it back in at the bottoms...increasing my position as I went along. Then I started looking at other stocks in my portfolio which I could measure the same way....then...I actually started to apply it. I've been very happy with it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next