one more thing... the obvious: know your pivot points for entries and stops. (swing highs & lows)
Like the man says: Use multiple time frames. Daily, hourly, 30 minute, 10 minute. Get breative: if you can do a tick chart vs. time chart, take a look at that...using three EMA's for you trade direction. ..and always go with the flow. never fight the trend.
Exponential is closer to real price. Looks nothing like a MACD. There is a variation of this method, which could be5,10,50; 0r 3,6, 18. do the math. But this is a very effective tool. Study it, test it. With a rudimentary knowledge of chart patterns...And maybe one good oscillator, you could make money with this. You've just been given something people charge big money for.
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DayTradersWin 9 months ago
one more thing... the obvious: know your pivot points for entries and stops. (swing highs & lows)
Like the man says: Use multiple time frames. Daily, hourly, 30 minute, 10 minute. Get breative: if you can do a tick chart vs. time chart, take a look at that...using three EMA's for you trade direction. ..and always go with the flow. never fight the trend.
ghahandi 2 years ago
Exponential is closer to real price. Looks nothing like a MACD. There is a variation of this method, which could be5,10,50; 0r 3,6, 18. do the math. But this is a very effective tool. Study it, test it. With a rudimentary knowledge of chart patterns...And maybe one good oscillator, you could make money with this. You've just been given something people charge big money for.
ghahandi 2 years ago
Looks like a macd but on the price graph instead of below :)
pastej1 2 years ago