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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Charger who wrote (5246)	9/13/1998 2:04:00 PM
From: Bill Green	Respond to of 12617

Weird, still works for me just clicking, dang puters <g> Regards Bill

To: Charger who wrote (5246)	9/13/1998 2:05:00 PM
From: TraderAlan	Read Replies (2) \| Respond to of 12617

Charger, There is an excellent links page for technical analysis resources at: hardrightedge.com (disclosure..I put it there) MACD stands for Moving Average Convergence-Divergence. It was created by Gerald Appel many years ago. It has a fast signal line crossing a slower one, giving buy-sell signals. Dr Alexander Elder popularized a variation of MACD in his book Trading for a Living. It's called MACD Histogram. You buy when the histogram turns up from under -0- for a few bars or when it crosses the zero line. And sell on the reverse. The idea behind any convergence-divergence study is to compare momentum through 2 or more time frames. If trend is speeding up in the shorter vs. the longer, that's a good indication it will continue to do so after you enter the trade. Alan