Would like to mention for those trading the 7/21 ema cross
system on the 5 min chart the recent whipsaw could have been
avoided by referring to the MACDBB (standard numbers in Ninja
Trader): they never crossed above zero. This was something that
Matt mentioned. Put it to good use today.
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MACDBB
S&P 500 15 min chart.png looks like that could be it ...
Posted by Vida on 10th of Nov 2008 at 02:55 pm
Would like to mention for those trading the 7/21 ema cross system on the 5 min chart the recent whipsaw could have been avoided by referring to the MACDBB (standard numbers in Ninja Trader): they never crossed above zero. This was something that Matt mentioned. Put it to good use today.