hope they explain it a bit
in the first image the mom30 above zero line corresponds exactly with the cross over of the MAs of MACD30
For me it is like this -----> when the (yellow) sma3 crosses down brown wma21 it is a correction for me provided the mom 30 is above zero . If it goes down the zero line it is a short trend for me.
After seeing you trade today I feel that Stoch RSI together with macd and mom30/40 can be great package for scalping against the trend which otherwise has bruised me in past badly
Tryin to be of some use
in the first image the mom30 above zero line corresponds exactly with the cross over of the MAs of MACD30
For me it is like this -----> when the (yellow) sma3 crosses down brown wma21 it is a correction for me provided the mom 30 is above zero . If it goes down the zero line it is a short trend for me.
After seeing you trade today I feel that Stoch RSI together with macd and mom30/40 can be great package for scalping against the trend which otherwise has bruised me in past badly
Tryin to be of some use