friends,
please see this
try to make an afl of it if possible
http://live.geckosoftware.com/manual/indicators/macd_bb.htm
Using Indicators
Reading the Signs and Signals
MACD Bollinger Bands
Bollinger Bands are a technical trading tool created by John Bollinger in the early 1980s. They arose from the need for adaptive trading bands and the observation that volatility was dynamic, not static as was widely believed at the time.
In the MACD Bollinger Bands adaptation, the purpose of the MACD Bollinger Bands is to provide a relative definition of high and low levels of the MACD averages themselves, similar to how they are adapted the regular market. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions.
Buy/Sell Signals
If the MACD Average travels outside the Bollinger Bands either way, that's a signal. A sell signal happens when the MACD Average goes below the band. A buy signal happens when the MACD Average goes above the band.
This is much easier to see if the MACD Average is in line mode.
cheers
rvlv
please see this
try to make an afl of it if possible
http://live.geckosoftware.com/manual/indicators/macd_bb.htm
Using Indicators
Reading the Signs and Signals
MACD Bollinger Bands
Bollinger Bands are a technical trading tool created by John Bollinger in the early 1980s. They arose from the need for adaptive trading bands and the observation that volatility was dynamic, not static as was widely believed at the time.
In the MACD Bollinger Bands adaptation, the purpose of the MACD Bollinger Bands is to provide a relative definition of high and low levels of the MACD averages themselves, similar to how they are adapted the regular market. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions.
Buy/Sell Signals
If the MACD Average travels outside the Bollinger Bands either way, that's a signal. A sell signal happens when the MACD Average goes below the band. A buy signal happens when the MACD Average goes above the band.
This is much easier to see if the MACD Average is in line mode.
cheers
rvlv
