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 : TC2000 Users Technical Analysis Forum -- Ignore unavailable to you. Want to Upgrade?


To: CatLady who wrote (1175)11/7/1998 9:59:00 PM
From: Rob Kipp  Read Replies (1) | Respond to of 3291
 
CatLady,

MACD as a histogram, you use the - 0 - line as your sell or buy signal. When the histogram begins to move above the -0- line, its a buy and when the histogram moves below the -0- line its a sell.

The signal line gives change of direction of the signal. When the histogram falls below the 'signal line' (during a buy signal) it notes a change of direction in trend back toward the -0- line, shortly if continued to a sell signal, when it crosses below the -0- line.

If you would like, I could post some notes tomorrow.

Here is WoW's MACD description.

When MACD is negative and below the signal line, you are poised for a buy signal. This occurs when MACD rises above the signal line. Likewise, when MACD is positive and above the signal line, you should be ready to sell (sell short) when it drops below the signal line. MACD is sometimes plotted as a histogram, but is much easier to see when plotted as a line. This makes identification of the exact crossover points much easier.

Hope this helps,
Rob



To: CatLady who wrote (1175)11/11/1998 10:23:00 PM
From: John Lee CA  Respond to of 3291
 
Sorry for jumping in late, but John Murphy's "Visual Investor" also defines the MACD histogram as plotting MACD line - signal line.