SI
SI
discoversearch

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 : Technical Analysis - Beginners

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TechTrader42 who wrote (11094)1/30/2001 2:12:33 PM
From: MechanicalMethod  Read Replies (2) of 12039
 
Brooke,

I've very little experience with MACD or Momentum but always interested in learning.

Here's my take on the MACD(21,34,5) which btw might not be correct but it mimics it close enough for my question. It appears the 2nd number is smoothed by the 3rd number. Is that correct?

It looks like the first number 21 could be eliminated because the slope isn't consistent enough to take a direction reading from. This is the blue line btw. It's also a poor crossover signal because red 34 will follow blue 21 soon after the cross.

I think slope of the red line is a good signal by itself and guessing again that's average(average(c,34),5). If that's correct I'd begin tweaking that line and toss the rest.

I know the convergence divergence plot was set to hidden so those aspects might be somewhere in the mix doing something important I know nothing about.

Help me out.
Mechanical Method
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext