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Saturday, June 04, 2022 3:00:51 AM
This has even better timing using the hours timeframe instead of relying on days measurement. When do you get out of the bullish position, obviously when the weekly MACD signal crosses down below zero. Then rescan stocks and on to the next whatever it is.
Any Depeche Mode fans out there know they use and emphasize DM is their logos a lot, I thought it was important and found out why finally, think of daily and monthly D_M instead of DwM. Well this would be similar except H_W hourly and weekly instead of HdW. A difference of approximately 5 multiples in time frame frequencies measured as the framework of references.
I can't cite it right now but I have a notion from my various studies throughout the years that Lawrence Livermore and other successful traders referenced the trend being at 5 times the trading chart time and that was their anchor. It is what is used to make sure they were on the correct side of the marketplace.
Like the song goes...
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