Gerald Appel recommends an 8-17-9 MACD to generate buy signals and a 12-25-9 MACD to confirm a sell signal for a stock, which has had a strong bullish move.
Dow MACD Signal Date (Entry) 2005 - 17-Oct-05 10348.10 Dow MACD Signal Date (Exit) 2006 - 3-Apr-06 11,144.94