Satyam Computers

sh50

Active Member
#11
Thanks a lot. That is actually the only book stressing so much on MACD histogram and market indicators. I have even got an email from Dr Elder recommending his latest book "Come into My Trading Room". Is it available in India?
 

Traderji

Super Moderator
#12
sh50 said:
Thanks a lot. That is actually the only book stressing so much on MACD histogram and market indicators. I have even got an email from Dr Elder recommending his latest book "Come into My Trading Room". Is it available in India?
You should definately read it.

You can get Come Into My Trading Room: A Complete Guide to Trading at a special discount of 32% at amazon.

Also if you are interested you could buy the Study Guide for Trading for a Living: Psychology, Trading Tactics, Money Management

Thats where I normally buy my books from!
 

Traderji

Super Moderator
#18
im3vil said:
Ok here is a new one.. same pattern happening in Guj Ambuja! :p

sometimes.. it pays to know more than the basics! :cool:
Excellent analysis im3vil and a very good explanation of the 1-2-3 pattern.

Keep up the good work.

Love your 3D effect! What software do you use to get that effect?
 
#19
TRADERJI
Quote:
Originally Posted by sh50
Thanks for specifying. I presume that the upper graph is MACD histogram.


Exactly, I used the MACD Histogram considering that you were reading "Trading for a Living"!
__________________
Best Wishes!
unquote

Pl inform what are MACD settings for information.
 

Traderji

Super Moderator
#20
kgsirasangi said:
Pl inform what are MACD settings for information.
I have used the default setting that are available in MetaStock ie: 12-26-9.

The custom formula for the MACD Histogram is:

( Mov( C,12,E ) - Mov( C,26,E ) ) - Mov( ( Mov( C,12,E ) - Mov( C,26,E ) ),9,E )
 

Similar threads