Friday, August 25, 2006 6:44:54 PM
My impression is that if one is to select one indicator to predict market direction that indicator is MACD.
MACD is not failsafe, but often quite impressive.
The task for the model builder is to find additional converging or supporting indicators, screens or charts...and manage the emotions the situation occasions.
Challenging.
MACD is not failsafe, but often quite impressive.
The task for the model builder is to find additional converging or supporting indicators, screens or charts...and manage the emotions the situation occasions.
Challenging.
Lisa
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