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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: SpongeBrain who wrote (9105)1/16/1999 9:21:00 PM
From: gonzongo  Respond to of 12039
 
equis.com

this is a web site explaining MACD - a popular indicator.

Many who have frequented this thread use MACD 13-34-89 as an intermediate trend indicator.
When the Moving average difference line(13 day Moving avg less the 34 day moving average)- crosses the signal or trigger line which is an 89 day moving average of the Moving average difference line ( original line) it signals a buy( crossing up) or a sell ( crossing down)
Murphy has a great chapter on this indicator in his book the Visual Investor- which I recommend.


andy