Posted by angelo851 on 3rd of Nov 2011 at 10:36 am
I too use the EMA crosses of the MACD Hist for signals but I've
changed the 8 EMA to 5 EMA. It gets me in quicker. I also use the
ADX 14 and 3 EMA/13 EMA crosses to confirm the signal. You
need the ADX 14 especially because during the big drop this summer
you would have been whipsawed just trading the EMA crosses of the
MACD Hist.
This MACD Hist 8 EMA crossover is one of the best things Matt
has come up with!
Posted by angelo851 on 3rd of Nov 2011 at 01:45 pm
The MACD Hist is crossing the -0- line suggesting more upside
but the 8 or 5 EMAs are near crossing. ADX 14 nor the 3/13 EMAs are
close to crossing yet as of 1:45 EST.
but i am looking to be short vs go long here based on other
indicators, but could be wrong check out the 5 min version
below...sometimes an early early warning system....though we could
see a last leg up to 1263-1267, imo...
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I too use the EMA
Mod Macd
Posted by angelo851 on 3rd of Nov 2011 at 10:36 am
I too use the EMA crosses of the MACD Hist for signals but I've changed the 8 EMA to 5 EMA. It gets me in quicker. I also use the ADX 14 and 3 EMA/13 EMA crosses to confirm the signal. You need the ADX 14 especially because during the big drop this summer you would have been whipsawed just trading the EMA crosses of the MACD Hist.
This MACD Hist 8 EMA crossover is one of the best things Matt has come up with!
angelo, please
Posted by perthx on 3rd of Nov 2011 at 12:49 pm
please send me a stockcharts link with your settings!
I see the histogram is close to crossing but i also see we are close to pivot resistance and a possible top...gonna be careful here.
The MACD Hist is crossing
Posted by angelo851 on 3rd of Nov 2011 at 01:45 pm
The MACD Hist is crossing the -0- line suggesting more upside but the 8 or 5 EMAs are near crossing. ADX 14 nor the 3/13 EMAs are close to crossing yet as of 1:45 EST.
Woops, meant the 8 northe
Posted by angelo851 on 3rd of Nov 2011 at 01:47 pm
Woops, meant the 8 northe 5 EMAs are near crossing to the downside.
it looks like we are
Posted by chlo888 on 3rd of Nov 2011 at 11:23 am
it looks like we are about to get a by signal on the 30 min mod macd system right?
chlo888 it did
Posted by perthx on 3rd of Nov 2011 at 02:51 pm
but i am looking to be short vs go long here based on other indicators, but could be wrong check out the 5 min version below...sometimes an early early warning system....though we could see a last leg up to 1263-1267, imo...