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Dual MACD Method

  • #1
  • First Post: Sep 20, 2007 10:23pm Sep 20, 2007 10:23pm
Thanks to everyone who's inspired, shared knowledge. Here's a method that works pretty well. I prefer 1 hr, but the pattern shows up on every time frame. The chart shows two buys and a sell. The longer term MACD has crossed zero, the shorter term pulls back with price creating a reverse divergence. When price turns back toward primary trend (in agreement with longer term MACD) and crosses yellow MA, you're in. Exit however you prefer to exit. I also use the shorter term MACD to find regular divergence.

When markets get choppy, go to a shorter time frame. If you're already there, go do something else for a while...
Attached Image (click to enlarge)
Click to Enlarge Name: firstpullback.jpg Size: 143 KB
  • #2
  • Sep 20, 2007 10:26pm Sep 20, 2007 10:26pm
What indicators and settings do you use with this system?
  • #3
  • Sep 20, 2007 10:42pm Sep 20, 2007 10:42pm
Simple,But usefully,

  • #4
  • Sep 20, 2007 11:13pm Sep 20, 2007 11:13pm
Quoting WHTenn
What indicators and settings do you use with this system?
The MACDs are at 4, 12, 1 and 24, 52, 9. There are a number of combinations that would work just fine. The yellow MA is 5 offset 3 or 3 offset 3. It's a good way to time entry.
  • #5
  • Sep 21, 2007 1:30am Sep 21, 2007 1:30am
Anybody can post the macd indicator?

thank
  • #6
  • Sep 21, 2007 3:05am Sep 21, 2007 3:05am

hei bro...cool thing...use this indy to detect divergence

Attached File(s)
File Type: mq4 Divergence_MACD_FX5_V1.1.mq4   12 KB | 1,182 downloads
"Analysis Is Hard But Trade Is Easy"
  • #7
  • Sep 21, 2007 9:45am Sep 21, 2007 9:45am
Quoting adikabas
Anybody can post the macd indicator?

thank
Here's the MACD I use.
Attached File(s)
File Type: mq4 MACD NO Histogram.mq4   3 KB | 1,251 downloads
  • #8
  • Edited 10:56am Sep 21, 2007 10:12am | Edited 10:56am
Quoting Thruline
Thanks to everyone who's inspired, shared knowledge. Here's a method that works pretty well. I prefer 1 hr, but the pattern shows up on every time frame. The chart shows two buys and a sell. The longer term MACD has crossed zero, the shorter term pulls back with price creating a reverse divergence. When price turns back toward primary trend (in agreement with longer term MACD) and crosses yellow MA, you're in. Exit however you prefer to exit. I also use the shorter term MACD to find regular divergence.

When markets get choppy, go to a shorter time frame. If you're already there, go do something else for a while...
I can't see the pic....
Does it disappear ?

Oops sorry, It seems like caused by my firewall...And how to fix it ? i am confused about this thing...i can't see almost all the pic in all threads.

Regards,

IIN
  • #9
  • Sep 21, 2007 3:42pm Sep 21, 2007 3:42pm

bro i suggest u post the template...

Quoting Thruline
Here's the MACD I use.

"Analysis Is Hard But Trade Is Easy"
  • #10
  • Sep 21, 2007 5:13pm Sep 21, 2007 5:13pm
Quoting Se[V]eN

bro i suggest u post the template...


Here's the template and a more recent chart. The sell is an example of a trade that doesn't work out. There was still plenty of time to make some pips there depending on your entry/exit strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: DualMacs.jpg Size: 160 KB
Attached File(s)
File Type: tpl a macd liner.tpl   3 KB | 1,033 downloads
  • #11
  • Sep 21, 2007 6:26pm Sep 21, 2007 6:26pm
Quoting Thruline
Here's the template and a more recent chart. The sell is an example of a trade that doesn't work out. There was still plenty of time to make some pips there depending on your entry/exit strategy.
I see two other divergences on that chart that would have made good money. You couldn't take them because the longer term MACD didn't agree with them. I wonder if getting rid of it and just using the shorter MACD wouldn't work better.
  • #12
  • Last Post: Sep 21, 2007 7:55pm Sep 21, 2007 7:55pm
If you're trading divergence only, that's probably a good idea. This method catches pullbacks and trades with prevailing trend.

As a stand-alone tool, the shorter MACD works well with regular divergence as long as you have some kind of confirmation for entry.
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