Posted by DigiNomad on 7th of Feb 2024 at 11:40 am
Divergences - you might want to try out an indicator like "MACD
Divergences" and change the settings to shorter MA's for
trading vs investing (I'm using the one with tech in the creator
name). The divergences will get overlayed automatically when
they trigger and you can adjust your MACD settings for the
instrument and time frame you are using to sync the signal better
with price (I'm mostly using 10, 3, 16). Interestingly, the
longer time frames haven't overlayed divergences yet - I assume
because there is no top in this up leg to overlay it on, but I'm
not sure...divergences we've been following on longer time frames
are close to being blown out in some cases. I'm currently rocking 3
MACD indicators on a single chart with different settings. Lol.
Between that, bollinger bands and volume, I'm good.
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Divergences - you might want
SPX - gotta at least tag the 5000 round number
Posted by DigiNomad on 7th of Feb 2024 at 11:40 am
Divergences - you might want to try out an indicator like "MACD Divergences" and change the settings to shorter MA's for trading vs investing (I'm using the one with tech in the creator name). The divergences will get overlayed automatically when they trigger and you can adjust your MACD settings for the instrument and time frame you are using to sync the signal better with price (I'm mostly using 10, 3, 16). Interestingly, the longer time frames haven't overlayed divergences yet - I assume because there is no top in this up leg to overlay it on, but I'm not sure...divergences we've been following on longer time frames are close to being blown out in some cases. I'm currently rocking 3 MACD indicators on a single chart with different settings. Lol. Between that, bollinger bands and volume, I'm good.