these are fairly rare setups, don't occur that often because it's not easy for the Stochastic to get oversold while the MACD line still remain positive, or the reverse where the Stochastic gets overbought but the MACD lines have not crossed up

    you can use this setup on any time frame, fractal

    any way to scan for

    Posted by morton7 on 12th of Oct 2021 at 03:38 pm

    any way to scan for these?..........

    yeah I wrote a couple

    Posted by matt on 12th of Oct 2021 at 04:00 pm

    yeah I wrote a couple scans -it's very simple, quick easy one is the write a scan for the MACD Histogram >0 while a %K Stochastic 10 length (try 5 - 10) is less than 20% or 25%, that would be for long setups. Reversion for short setups - then whatever it spits out you have to examine each one to filter out will you will get a lot of crap to

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!