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Re: Understanding the MACD Indicator
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Originally Posted by Gunnski
Your tough. I love the attitude!
Others in the Community will tell you differnt stocks or sectors need differnet set ups. I am not that smart on such things. I like to keep it simple.
I use 8,17,9 for MACD. 14, 5 for Stochastics. 30 MA for Buying. I will look at 10 MA as a trigger to sell along with the other (2) tools. I will also run Stochastics at 21,14.
My favorite is a EMA50 with a 13EMA upward crossover. As you learn different tools they are there to assist in decision making. If you have proper MOS you know you have found value! Most important always focus on the three tools from the R-1 Book. If not sure or you cannot find an answer to a questions regarding the M's etc. Toss it and move on. Or watch the activity for a couple of days. Keep a close eye on the charts and R-1 Tools.
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Thank you. 
__________________
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
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