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What exactly is Macdbb and what is a good use for it?
What exactly is Macdbb and what is a good use for it? I've noticed it on several screen shots of members charts. There is no defenition in wiki, and a search online doesn't help either. Searching the forum brings up how to create the indicator, but to my knowledge not it's use.
Thanks
Can you help answer these questions from other members on NexusFi?
HA! I think I found the answer myself although any input from people using would be appreciated. Clicking on the macdbb tag below brings you to a thread titled bbmacd (no wonder my search didn't work) anyway the first post has a pdf attached explaing the indicator
Trade daily with the macdbblines at the default settings of 12, 26,9. For a filter use a 3,5,3 stochastic. Will let the top or bottom line break, verify with stochastic.
Thanks to @supermht who PM'd me a pdf what I feel is the answer to my question. He said he can't post it here due to copyright issues. Thanks to all who contributed with their comments!
