Fidelity SPDR Advertisement
Home > Boards > Free Zone > User's Groups > ETF SWING & DAY TRADING

60 min/Daily/Weekly MACD chart.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
LKB Trader Member Profile
 
Followed By 5
Posts 1,083
Boards Moderated 0
Alias Born 06/15/11
160x600 placeholder
S&P 500, Dow Close At Record Levels
The U.S. stock market rallied on Friday, sending the S&P 500 and Dow Jones Industrial Average into record territory, after a surprise stimulus plan from the Bank of Japan was announced.
Top Equities Stories Of The Day
Omega Healthcare to Buy Aviv REIT
Sony Posts Hefty Loss
Starbucks Sales Growth Disappoints; Delivery Is Coming -- 3rdUpdate
Two Picks to Dig Into Pipelines, Shale Energy -- Barron's
U.S. Stocks, Bonds Dip on Fed Outlook
Twitter Demotes Product Chief Daniel Graf
Byron Wien: Slow Growth Good for Stock Market -- Barron's
Jefferies Expected to Book up to $15 Million Loss on Toms Shoes Debt, Sources Say -- Update
LKB Trader   Wednesday, 10/24/12 08:05:19 PM
Re: LKB Trader post# 62981
Post # of 77381 
60 min/Daily/Weekly MACD chart.


1.....60 minute MACD fastline normal setting.


2.....12,26,0 MACD shows the fastline as a histogram to enable trader to observe click up or down of the fastline.

3.....78,69,0 MACD represents the DAILY simulated fastline and next setting as histogram.

4.......276,600,0 MACD represent the Weekly simulated fastline, etc.

This chart represents the buy/sell on the fastline cross. You can also modify the buy/sell to either the uptick or downtick of the simulated fastline via the 2nd 60 min MACD indicator.

What this chart hopes to give the trader goes along with your thoughts of yesterday to trade the 60 min chart in the same direction as the daily/weekly charts. It is plain to see here with a quick glance what the daily/weekly trends are at any given time.

You will also note, we use 3 moving averages. 14 MA, 9 EMA and 6,-1 EMA. The green line EMA (6,-1) is called Gung-ho because he moves the quickest and when the green line crosses the red you want to act.



Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist