Traderji.com - Discussion forum for Stocks Commodities & Forex


Macd

Discuss Macd at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; MACD I'm attaching a chart of IBM Stock as an example of entering Long and ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Technical Analysis

Technical Analysis Discussion of all the principles involved in technical analysis.


Reply
 
Thread Tools
  #1  
Old 16th May 2005, 06:03 PM
Member
 
Join Date: May 2005
Posts: 21
Thanks: 0
Thanked 2 Times in 1 Post
Masterchief is on a distinguished road
Default Macd

MACD

I'm attaching a chart of IBM Stock as an example of entering Long and Short positions whenever MACD thick black line crossed above 0% or subsequently crossed below 0%.

the chart is a little over a year, but because this is the only sample data being presented, it may not be a valid correlation. Play around with it and determine if this is something you'd like to employ from time to time as an added signal.

I'd like to hear if anyone has had much success using this technique singularly or in association with other signals. I regularly use Moving Averages exclusively, but may use MACD in addition to.

MasterChief
Attached Images
File Type: png IBMmacdExample.png (56.1 KB, 156 views)




Last edited by Masterchief; 16th May 2005 at 06:03 PM. Reason: Misspelled MACD
Reply With Quote
Sponsored Links
  #2  
Old 16th May 2005, 06:15 PM
Member
 
Join Date: Mar 2004
Posts: 690
Thanks: 0
Thanked 29 Times in 23 Posts
sh50 will become famous soon enough
Default Re: Macd

My experience has been that if you set RSI limits to 60/40 and then use it, it quite synchronises with the MACD though not exactly. In the graph you have given, you have taken only centralline crossovers as buy and sell signals but conventionaly the macd crossover can also be a buy signal though not as reliable as the central line crossover. These two also coincide with Martin pring's long term momentum indicator in Metastock.

It goes without saying that MACD is deemed more effective on weekly graphs for long term trends.
Reply With Quote
  #3  
Old 16th May 2005, 07:19 PM
Member
 
Join Date: May 2005
Posts: 21
Thanks: 0
Thanked 2 Times in 1 Post
Masterchief is on a distinguished road
Default Re: Macd

sh50, Thanks for the insight. I don't traditionally use RSI, but I will evaluate.
Reply With Quote
  #4  
Old 18th May 2005, 07:09 PM
Member
 
Join Date: May 2005
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
mtayal is on a distinguished road
Default Re: Macd

Masterchief:

I have found MACD to work wonderfully in trending markets but fail miserably in sideways market. Technique, I am working on is to first determine if the market is trending using Klinger OSc or Linear Regression Slope or VHF. If Market is trending use MACD else use Stochastic Osc. I use Metastock and I have seen in system test that MACD and Mov Avg average cross over fail in trending market. Have you worked with Guppy's MMA? I have jsut started exploring it. Results are impressive.
Reply With Quote
  #5  
Old 19th May 2005, 11:46 AM
Member
 
Join Date: Sep 2004
Location: Chennai
Posts: 55
Thanks: 0
Thanked 1 Time in 1 Post
snowy is on a distinguished road
Default Re: Macd

In his book on trading which has been discussed elsewhere in this forum Mr. Ashwani Gujral has written about the use of the ADX indicator to determine if the market is trending or not. In a trending market, ADX values rise from very low values say from below 15 to around 30 and more than that is a consolidation phase or a trading market. Hope this is of some use but I have not used it personally and would like to know if metastock has it.

Regards,
Snowy


Quote:
Originally Posted by mtayal
Masterchief:

I have found MACD to work wonderfully in trending markets but fail miserably in sideways market. Technique, I am working on is to first determine if the market is trending using Klinger OSc or Linear Regression Slope or VHF. If Market is trending use MACD else use Stochastic Osc. I use Metastock and I have seen in system test that MACD and Mov Avg average cross over fail in trending market. Have you worked with Guppy's MMA? I have jsut started exploring it. Results are impressive.
Reply With Quote
  #6  
Old 31st May 2005, 12:19 PM
Member
 
Join Date: May 2005
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
rajeshksm is on a distinguished road
Default Re: Macd

Quote:
Originally Posted by mtayal
Masterchief:

I have found MACD to work wonderfully in trending markets but fail miserably in sideways market. Technique, I am working on is to first determine if the market is trending using Klinger OSc or Linear Regression Slope or VHF. If Market is trending use MACD else use Stochastic Osc. I use Metastock and I have seen in system test that MACD and Mov Avg average cross over fail in trending market. Have you worked with Guppy's MMA? I have jsut started exploring it. Results are impressive.

MACD, MA etc are lagging indicators that work well only in trending but not in sideways markets(see Technincal Analysis A-Z)
Reply With Quote
  #7  
Old 22nd March 2010, 11:37 AM
sudoku1's Avatar
Member
 
Join Date: Oct 2007
Posts: 8,922
Thanks: 5,367
Thanked 12,695 Times in 4,395 Posts
sudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond repute
sudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond reputesudoku1 has a reputation beyond repute
Default Re: Macd

Quote:
Originally Posted by rajeshksm View Post
MACD, MA etc are lagging indicators that work well only in trending but not in sideways markets(see Technincal Analysis A-Z)
right...they r the results of a set of 2 EMA of 26/12...so as with other indicaters 1 should not b carried away with this sole indicator


Reply With Quote
Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads for: Macd
Thread Thread Starter Forum Replies Last Post
MACD - Moving Average Convergence Divergence Traderji Technical Analysis 11 21st February 2013 02:35 PM
need clarification gopu Technical Analysis 12 24th April 2011 01:44 PM
MACD Convergence Divergence gopu Technical Analysis 26 3rd June 2010 12:30 PM
MA vs MACD sgkalai Technical Analysis 9 6th December 2007 11:01 PM
Metastock - missing MACD histogram cmlee MetaStock 3 24th February 2005 08:24 PM


All times are GMT +5.5. The time now is 01:23 AM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246