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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: rkd who wrote (7521)5/22/2000 9:49:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
rkd,

Keep in mind that MACD is an indicator that works on the relationship between 3, not 2, exponential moving averages: usually, the difference between the 26 and 12 day EMA's, and then a 9EMA as the signal line. This gives it great value as a trend indicator, but not much value, for our purposes, as a trend-reversal indicator.

But your comments are welcome. Right now, the present system is working so incredibly, overwhelmingly, well that I am reluctant to look at any suggested improvements. I think, for now, we (and I stresss "we", because this has really been a collective effort) have optimized the system about as much as it can handle...

TC.