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.
S&P 500 MACD Signal Date (Entry) 2005 - 19-Oct-05 1195.76 S&P 500 MACD Signal Date (Exit) 2006 - 3-Apr-06 1297.81