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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: avanti77 who wrote (15494)10/31/2000 7:43:49 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
The 50 ema on those charts are just the default and not purposely placed there by me. I also use the default stochastic at 15-5-5 as well as default MACD 12-25-9 as the most reliable intra day settings along with candles.

I dont use the 5o minute line for anything useful.

The above two indicators are awesome when viewed on a real time 1 minute tick chart but I often through out the day check both a 5 minute as well as 15 minute time frames using the same indicator set up to get a better feel for extreme tops and bottoms.

I hope this helps.