What do you mean? Confirm MACD signals by looking at the indicator in several timeframes to spot the same signal? That's possible but, as far as I remember, MACD is a lagging indicator so that won't help much.
What do you mean? Confirm MACD signals by looking at the indicator in several timeframes to spot the same signal? That's possible but, as far as I remember, MACD is a lagging indicator so that won't help much.
Ignored
I use the indicators on timeframes of higher than 1H, anything less than this is juts noise on the chart and you are better off using pure price action
I use the indicators on timeframes of higher than 1H, anything less than this is juts noise on the chart and you are better off using pure price action
Ignored
Yes... I support that... I tried to use MacD before on a 5 mins and 15 minutes charts, lots of whipsaw and false signal. I am now using it on 1H chart and find it much more reliable.
first, of course the indicator is lagging. it is an indicator, therefore lagging.
second, every chart is made up of the same tick data, switching to a higher time frame just uses a larger set of those ticks. increasing the period of the macd does the same exact thing. comparing two time frames in terms of price action is somewhat unnecessary. price action is price action. it is devoid of time frame.
