The truth is that there is NO MAGIC BULLET combination of numbers to use with the MACD for all stocks in all markets. However, these are some practical ways to choose meaningful numbers when adjusting the settings of the MACD.
The MACD has a character that suits it to a certain type of interpretation. Also, understand that there are some nuances of the MACD that could be mistaken for signals. Armed with this advanced knowledge, you can finally draw inferences as to what kinds of trades are appropriate.
The MACD is one of the most powerful indicators because of it’s ability to show both trend and momentum. This video series shows you how the different elements of the MACD work and the best ways to apply them to your trading.
The RSI is a great strength indicator however there are a few common misconceptions behind using it. This video series demystifies the RSI indicator by breaking it down into key components and a visual guide.
The stochastic is a great complimentary indicator for quick entries and exits. This video series will show you the character and application of this fast paced indicator including how to apply it to your trading.
Moving averages are not given the attention they deserve. In this series you’ll learn the distinctions between the moving average (MA), exponential moving average (EMA ) and double exponential moving average (DEMA).
Learn some simple ways to use the heikin-ashi aggregate chart to help gauge momentum, direction and trend. Heikin-ashi is the foundation of the PayDay Cycle strategy. This lesson covers the basics of this powerful chart.