Technical indicator MACD

bunti_k23

Well-Known Member
#2
Hi I am new to trading please help
Any one tested the efficiency of MACD and to to what extent this will work?
U CANT RELY ON A SINGLE TOOL FOR TRADING, AND MACD IS JUST A INDICATOR TO CONFIRM UR TRADES YES IT IS A GUD INDICATOR U MUST KNOW HOW TO USE IT PROPERLY (EVERY TOOL WILL FAIL IN CERTAIN SITUATIONS OF MARKET U NEED TO FIND THOSE SITUATIONS) GUD LUCK:thumb:
 
#3
MACD is a trend following indicator, so it will give whipsaws in trading range.
To avoid whipsaws do consider Stochastic also, it works perfectly in a trading range.
So basically u should use 3 indicators and they are
1. ADX (this will help you determine if its a trend or trading range).
2. MACD (If its trend then use MACD).
3. Stochastics( If its a range then use Stochastics).

See whether this helps..
:thumb:
 

mastermind007

Well-Known Member
#5
Hi I am new to trading please help
Any one tested the efficiency of MACD and to to what extent this will work?

LOL

Everyone who is a trader has tested MACD for efficiency and
everyone who has survived trading has gotten tested by MACD.
 

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