chetron
2,817 posts
msg #78237
- Ignore chetron |
8/29/2009 5:33:25 PM
THERE'S JUST MORE CODING NEEDED, KEV. THE SLOPE IS A SHORT CUT, BUT ALSO WHEN YOU DO DIVERGENCE YOU USUALLY HAVE TO PICK A CETAIN NUMBER OF DAYS, WHERE AS WITH THE SLOPE YOU DO THE SAME, BUT YOU CAN CATCH MORE BECAUSE OF IT'S FORGIVING GENTLENESS IN MOVEMENT.
HTH
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Kevin_in_GA
4,599 posts
msg #78239
- Ignore Kevin_in_GA |
8/29/2009 6:53:31 PM
Thanks, Chet. I figured that if anyone knew the answer, it would be you or TRO!!
In your opinion, how reliable is a MACD divergence in predicting a reversal?
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chetron
2,817 posts
msg #78243
- Ignore chetron |
8/29/2009 8:21:05 PM
50/50, BECAUSE IT'S NOT THAT IT PREDICTS ANYTHING. WHAT IT DOES IS THAT IT GIVES YOU A LOW RISK ENTRY.
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