DislikedHave you quantified how much change the histogram need to produce in order for a signal?
OT: Funny, since I haven't heard much talk on FF about MACD histograms, but what you are describing here, is one of the key ingredients behind a system to some of the very few successfully FX traders I know.Ignored
The basic sequence is this:
- Look for divergence using the MACD Line
- Enter when histogram begins to converge AND give a tradable price action signal
- Check to see that the follow though on the "new" direction creates a new peak
- Hold until opposing divergence emerges
Does this answer your question?