Disliked{quote} RSI is good in its own sense. MACD is lagging, RSI is leading indicator. So,when you trade you need 1 leading and 1 lagging indicator. Price Action is the leading indicator and MACD is lagging. We dont need more then 1 leading and 1 lagging. For the trend to be set , it first needs to be captured. That is what MACD does. On the top of all that, its also a momentum gauge.Ignored
I'm more of a lurker , but i just wanted to say , you're a great teacher... I have yet to trade your way , but after watching a bunch of your webinars , i'm going to also implement your approach to trading... (camarilla pivots + MACD divergence)....
I don't have any of those indicators though.
I"m going to install what you posted here
http://www.forexfactory.com/showthre...65#post7959665
(hope it's compatible with mt4 build 670)...
As for the MACD....guess i'll have to google for it
Anyway , keep up the good work.