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


To: David R. Evans who wrote (9754)3/5/1999 1:23:00 PM
From: TA2K  Read Replies (2) | Respond to of 12039
 
Thanks, Dave, for a very helpful MACD post. As I was telling Michael, over on my other system here I'm experimenting with various values of MACD, and seeing how they certainly do yield different entry points (I'm focusing now just on entry, but, of course, exit points are also different, depending on the parameters).

What I was particularly wondering was whether 'times have changed' over the past few years, so that the traditional MACD 12,26,9 is no longer considered as the 'standard.'

In fact, MSWin doesn't even allow one to input a different value into the built-in MACD function! That says tons about 12,26,9 being the standard. And its rare to even find mention of a different MACD value in various TA books from five to ten years ago.

But I'm wondering still if 'times have changed,' and the traditional 12,26,9 is just no longer THE one.

Incidentally, following up on Michael's 'test-it-out' advice, there can be the problem of MACD 'optimizing' for the particular stock, based on the past, so that one thinks that some other value may serve better, but you've fallen into the trap of optimizing for a stock, or a few stocks, and your 'new' MACD values may still get you in trouble trading in the broader market.



To: David R. Evans who wrote (9754)3/6/1999 4:08:00 PM
From: steven d. zapf  Respond to of 12039
 
Hello Dave,
Before I go out and shovel snow I wanted to run a question thru you concerning RSI and MACD as applies to stock PSEM.

I use TC2000:
RSI 8-5 for the period 11-11-98 thru 12-9 98 appears to give an indication contrary to price action.

Also, MACD 13-34-89 does the same thing for the period 11-18-98 to 12-10-98.
Am I reading this right? Is my data corrupt?

These indicators work very well on other stocks in my database.
Thanks
SDZ