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Replace my MACD!


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Replace my MACD!

  #11 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Why is the MACD holding you back?

Why would changing to a different indicator change that?

These are questions designed to get you thinking I have my own opinion, naturally, but would like to hear yours.

Mike



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  #12 (permalink)
 
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 gain247 
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Big Mike View Post
Why is the MACD holding you back?

Why would changing to a different indicator change that?

These are questions designed to get you thinking I have my own opinion, naturally, but would like to hear yours.

Mike

I really agree. I've used MACD for years, and I know it better than any other indicator. I know why it stalls, why it runs, where it stops, where it shows fake breakouts ( I call them haircuts) etc. I've compared it to Stochastics, RSI, DMI, Momentum, ..., but I still like MACD over them. You know, you can use different settings than 'classic' 12,26,9. I use much faster settings to use MACD as a momentum indicator, a good one I should say. There is no holy grail, but I would say if you use an indicator (such as MACD) to confirm your price patterns, it will reward you. Just learn your trade. Been there, done that. Just trust your method.

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  #13 (permalink)
 Upupandaway 
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After reading some respnses I dont think it's the MACD, I think it's me...I'm the problem...

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  #14 (permalink)
 
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 gain247 
Helsinki, Finland
 
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Upupandaway View Post
After reading some respnses I dont think it's the MACD, I think it's me...I'm the problem...

Maybe if you start thinking you are NOT "the problem", but you are "the starting point", you might find a way. We are all different, find what fits YOU. Market does what it does, it's about you how you read it.

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  #15 (permalink)
 
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 dakine 
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Upupandaway View Post
Yah their is the alternate way of using it like as in divergence. But I've never been able to pick those out with any consistency. The way I use it, or try to is below in the picture

So basically your using the MACD as your trend filter? Have you tried Fat Tails MACDBB? You may want to take a look at that and use the MACD breakout from the BB as your trigger. It's not going to be perfect as you may need more filtering, but have a look.

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  #16 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Upupandaway View Post
After reading some respnses I dont think it's the MACD, I think it's me...I'm the problem...



Now with that revelation, you can start making real progress

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

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  #17 (permalink)
 Upupandaway 
Dallas/Tx
 
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Thanks for responding everyone..appreciate it...

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Last Updated on June 2, 2012


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