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Strategies & Market Trends : Grain Futures Trading

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To: wiley murray who wrote (131)	11/14/1998 3:58:00 AM
From: nicewatch	Read Replies (1) of 645

>Frank is high on MACD and suggests it can be used as a stand alone >indicator. Hey Wiley, Actually, I would use MAC (moving average channel) as a stand alone if I had to. Incidentally the MACD (moving average convergence divergence) can be a good confirming indicator for the MAC. FYI, here is a brief explanation of the MACD equis.com bear in mind though that the MA lengths of the MACD are variable. For short/intermediate term I look at 5,34,5. For longer term MACD I use 13,34,89. Just my preference, there are lots of ways to do it. Personally, I like to use different timeframe stochastic rsi's as a confirming tool for the MAC. Later Frank

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