21. How to Trade the MACD Indicator Like a Pro Part 2

[johnmoldova5]

forex-bussines.do.am this site gives good signals

[saweaq1]

great video

[geglockn]

What is the proper span of time to set for charting the MACD? I have noticed it can look quite different when charted for 1 year vs 2 days. Cross-overs can be shown in a one or two day span, but be far from crossing over when charted over a span of a week or longer. Can you explain this and recommend a time span to use. I am just learning how charting works, but have found your explanations to be some of the very best. Thank you.

[hcentman]

Hi, I was wondering what are some good computer programs used for technical analysis of stocks,perhaps which one do you use? I'm totally open to suggestions.

Thanks man.

[Colombianit0]

Hi Dave, firstly thanks for you wonderfull vids hthey are very usefull and simple to understand i wanted to ask you why does the bloomberg page uses three lines in its MACD is there anyway to use those three lines in conjuction?

[2330Bossert]

David, you are doing us all great service with your instructions. Your presentations are very clear and helpful.

Eric, Kamloops, BC

[kubek555]

easy to draw into chart, try show something in realtime when market is moving

[freeSCALPINGindicato]

I got free SCALPING indicator, 273 win out 300 if anybody intersted...

[VanTharpTrading]

informed trades  We noticed you linked and embedded a few of our videos to your site. Just wanted to say thanks it's appreciated.

[ruveeda]

this is some good video, i like how you explain, very easy yet informative. thank you... and please keep it up..

[kemo400]

I only use the macd to determine the direction of my trades when I'm scalping. If it's above the line I take the trade long. If below the line I take it short.

[tradefuturesvids]

#UN#, I like your video, cool stuff

[nelsman]

The key trick to the market is determining when to trade trends or range.

Once that is figured out, you have eliminated a lot.

Using indicators to trade a trend is a lot easier if you know you are in the middle of a trend.

The lesson I would like is learning how to determine trend starts and ends.

[suprattkk]

if you use macd you will be faster out of the market then fish out of water in a hurricane...do you really think a hedge fund manager uses a macd crossover to sell/buy millions of dollars of a security????????????????????

[ZerroRozario]

The stock value is supported by the extra and reoccupied money as proof of growth of cost of papers. What can be system?

The best variant for trade it when you the unique seller and the buyer.

[smokenfly514]

Can the techniques you've showed thus far be applied to any chart, at any time interval?

[mrares00]

great video

[FreeFOREXautoROBOT]

I prefer Forex robot - i got one free and very profitable

[MikefromMadrid]

@FreeFOREXautoROBOT

you wouldnt happen to be selling it would you?



[vanzobee]

WHY IS PEOPLE HATING!? teach me more please

[PonguigPeopinn]

I used this method and now I'm poor.

[mosesravoori]

Can u please guide me the best platform giving correct signals for demo and live on MT4

[jgray110]

Wiki, it worked great in the 80s but losses now. correct should be used with other stuff

[distrangis]

hey thanks.......it really helped me

[ghahandi]

MACD, like a lot of oscillators shouldn't be used alone. Bottom line. Price is gonna do what price is gonna do. In this video, you'll notice that the MACD showed divergence after divergence after divergence after it's bull run. It was great for taking out a long trade, and maybe reentering the swings. But to to try to fade those divergences would have killed your capital. They are lagging indicators based on the past, after all.

[aslamaman]

hi dave!

are these all charts available in FXCM trade demo, which u are teaching about. please direct me from can i find?

[CCbroadcasting]

dave you the best

[Kritobart76]

Thanks Dave for sharing your knowledge . I like the MACD divergence however as a lagging indicator it s not really useful when u have a sharp trend change. 'cause when u get the MACD crossover of the zero line the party is already over as it s too late to entrer the position. R u agreed?

[braileanul]

i am puzzled about one thing tho.

at the end of the video the example with great signal with entry buy ,respective exit selling.

my question specific to exactly this great signal : nobody says a word about multiple time frame. what about that?

[cherylish1]

on a one minute chart - what parameters should the MACD be set at ? or the 5minute chart? what MACD parameters would you use ?

[holula]

I don't think so, I think that if you use the 12,26,9 MACD parameters at the 1 or 5 minutes chart,you would get only market noise. I sugest trying with lower parameters and wach it for 1 or 3 days and then get in to the market. But u should use it at 1 hour or daily chart. Saludos...desde México...

[dirtyal1234]

i have never liked the macd indicator. it seems like it lags to far behind. i am suprised that it is the default on all charts. i am a novice, but just sayin. is it just me?

[cherylish1]

maybe the 3 numbers that are set do not match the chart you are watching - such as 1 minute chart, 15 min chart or even daily chart- you have to set MACD to what you are watching

[jhonylaboriel]

HI DAVE: I PERSONALLY LIKE DIVERGENCE AS AN INDICATOR OF TREND CHANGE BUT I WOULD LIKE TO KNOW MORE ABOUT HOW TO ENTRY, WHERE AND ALSO HAVE SOME PARAMETERS TO DO IT SO. hOW CAN I HAVE SOME HELP ON THAT? THANKS A LOT AND CONGRATULATIONS FOR SHARING YOUR KNOWLEDGE WITH US.

J.C.

[xexkxex]

I think your caps lock button is broke.

/sarcasm

[LiptonGuy]

- funny......

[nhlgoalie2003]

on the chart you showed in this video, it looked like a cup and handle signal, shouldnt that mean the stock was about to continue its initial uptrend? because it started to fall instead

[maxpowers053183]

nothing is 100% reliable.

[mybestcollection]

This is one of the best free video i have ever seen on macd. Great work keep it up.

I got a question can we use divergence of macd histogram to know that trend is changing.

[InformedTrades]

Thanks for the comment and for watching I am glad you like the video. Many people like the Divergence of the MACD histogram to give them an indication that the trend is changing, however keep in mind that nothing is 100%. Best Regards, Dave

[IchigoMe]

Firstly thanks for these videos, I've just started learning about technical analysis and am going to trade forex when I feel comfortable with my progress.

You mention the MACD giving bad signals, what other types of indicator are good to use with MACD for confirmation?

Thanks.

[InformedTrades]

my pleasure glad you liked it. I like to use multi timeframe analysis to identify support and resistance in the market and using this in conjunction with indicators such as the MACD. Best Regards, Dave

[givelord]

@IchigoMe Moving Averages, Stochastic, RSI

[learntoprofit0co0uk]

Another amazing video. Every video of yours gets me that bit more excited as it all makes sence that bit more. I cannot thank you enough for the time and effort you are sharing with others. Respect mate.

[InformedTrades]

Hi learntoprofit0co0uk, Thanks for the kind words and for watching I am glad you are enjoying the videos. Best Regards, Dave

[Fullperson]

for large companies with high liquidity like google and baidu, which indicators would you use when it's in a trend? When it's in a range?

[InformedTrades]

Hi Fullperson, I personally am not trading individual stocks right now and I always encourage traders to develope their own strategies. With this being said if I was my personal strategy would be to use multitimeframe analysis to find support and resistance levels and then trade off of those using volume, chart patterns, and potentially one of the following indicators: MACD, Oscillator, RSI, Moving Averages, and/or Bollinger Bands. Best Regards,

Dave

[sugeerth]

CAN U POST THE VIDEO

[InformedTrades]

hi sugeerth, Thanks for the comment. Not sure what you mean which video are you referring to? Thanks Dave

[svy70]

Hi Dave,

You said not to use the indicator by itself. Could you specify what other indicators would support the signals? Thank you for your time.

[InformedTrades]

Hi svy70, Thanks for the comment. In general I think most traders would agree that one should consider a multitude of factors before placing a trade including the overall trend in the market, chart patterns, and support and resistance levels. My personal opinion is that trading using any one component in isolation is usually a losing proposition. Best Regards, Dave

[jforex78]

Hi

Thanks for an informed MACD article. Two questions:

1. If I just trade with the direction of the Histogram, would that be one of these strategies you mentioned above?

2. Are there any clear benefits and pitfalls of simply trading the direction of Histogram?

3. Does the Histogram measure the Divergence as well?

Thanks.

[scotlad219]

.Great thing you are doing,Dave, You are also easy to understand, very god Speaker

[InformedTrades]

Hi Scotlad19,  Thanks for the comments I appreciate the encouragement and am glad you like the videos. Best Regards, Dave

[mehmetonb]

Hi, thank you very for spending so much time to help others to increase their knowledge . I have a question for day trading .. would you use 12,26,9 setup for 1 min and 5 min charts as well or a different one .. When I use 12,26,9 setup for 1 or 5 min charts , it sometimes does not reflect the major trend and gives wrong exit signals. What woudl you reccomend.. Thanks a lot.

mehmet

[InformedTrades]

Hi Mehmetonb, Thanks for the comment. Most traders I know do not change the default inputs however they also would probably consider a 1 and 5 minute chart as too low a time frame in order to don indicator analysis because you are picking up a lot of random noise on those timeframe's. This being said the best thing to do if you want to change the inputs is try several different variations and see what works best for the instrument and timeframe you are trading. Best Regards, Dave

[komaljk]

Nice video to learn macd. I learn a lot about macd.

Please keep up your good work.

Thanks.

[InformedTrades]

glad you like them and are learning and thanks for the comment. Best Regards, Dave

[goelanu]

Hi,

I found your Videos very helpful, Thanks a lot.

I have one question related to MACD Divergence. If 1 year time frame showing MACD Divergence and 6 months time frame is not showing the Divergence, What does it mean.

[InformedTrades]

Hi Goelanu, Thanks for the comment I am glad you like the videos. The short answer to your question is the longer time frames are normally considered more relevant.

As with any piece of technical analysis many times something like a divergence that shows up on one time frame will not show up on another as you've pointed out here.

[InformedTrades]

This is one of the reasons why many advocate confirming signals with multiple pieces of analysis and the use multi timeframe analysis like I talk about in Video #6 which you can find in my profile. Hope that helps and best regards, Dave

[bumantara]

thank you for this great video. keep up the good work

[InformedTrades]

Hi Bumantara, thanks for the comment I am glad you are enjoying the videos. Best Regards, Dave

[hammoud64]

Lesson 17 link is broken; could you upload again.

I would like to thank you a lot for these wonderful series. I wish I knew about it earlier, it would have saved me thousands in courses

[InformedTrades]

Thanks a lot for the comment and for the heads up on video 17. It should be working now.

Best Regards, Dave

[daveho77]

I think it's awesome that you're willing to share your knowledge with the rest of us on youtube. Keep up the good work!

[InformedTrades]

Thanks a lot for the comment I appreciate it.

Best Regards, Dave

[jeffguroo]

Thanks, will be watching more of your videos.