12,26,9
spx possible path
Started by
andr99
, Sep 29 2022 03:29 AM
12 replies to this topic
#11
andr99
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Posted 30 September 2022 - 10:11 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#12
andr99
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Posted 30 September 2022 - 10:24 AM
which are the default values everyone uses
forever and only a V-E-N-E-T-K-E-N - langbard
#13
fib_1618
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Posted 30 September 2022 - 12:59 PM
which are the default values everyone uses
Not "everyone"...and it's important to understand that the "default" settings work well with daily data...not so much on higher time frames. It's also good to remember that momentum indicators, like the MACD, give different interpretations under bull and bear market conditions.
Since you're working with an intermediate (weekly) term time frame, try working with these settings for the MACD: 19/39/13 and then add a 200 period EMA to the price chart and see if you're just as bullish.
Fib
Edit: here's more information on the make up of the MACD that you might find of interest: https://tinyurl.com/2m6uljcw
Edited by fib_1618, 30 September 2022 - 01:09 PM.
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