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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: sammy levy who wrote (1482)1/25/1998 12:59:00 PM
From: TATRADER  Read Replies (1) | Respond to of 18691
 
sammy, the MACD Histogram is a special indicator that differs from the simple MACD....I had to specially make it for my WOW5 professional version...Actually, Paul made it..The guy is brilliant on making homemade indicators, and WOW support should hire him....
AFCI
If you look at the MACD histogram...
1-5-98 when the stock hit 32.00, it was 0.7107

Now look at 1-21-98 when stock hit 32.00 again...
Lower peak here at 0.4047

Also the Histogram reading for Friday was 0.336 and on Thursday it was
0.346, price was up on Friday, that tells me we have a bearish divergence and that the pattern to the upside will hold....

Regards, Mark