DislikedI'd previously written EAs for the indicator using the overbought/oversold levels but using MACD as a filter looks interesting ie. only trade in the direction of the last crossing of MACD near 0.85/0.15.Ignored
Now I look at it the MACD crossing looks meaningless. As MACD is unconstrained a crossing of it with a stochastic doesn't appear to mean much. Bothers me that when I click and hold chart then drag left and right the MACD line moves up and down against the stochastics.
Aspice, officio fungeris sine spe honoris amplioris