marine2 963 posts msg #107004 - Ignore marine2 |
7/12/2012 3:23:34 PM
Do any of you use a weekly MACD filter to find the general trend of a stock? I think I will try it out and see what results I get. It seems to get you in the ball park in making money. Of course I would use only quality dividend stocks to begin with. What do you think about this strategy? Thank you in advance for anyone answering this question.
|
Stiv 6 posts msg #107039 - Ignore Stiv |
7/14/2012 10:07:32 AM
marine2
I think it is certainly worth looking at weeklies in general for trend changes. I haven't looked specifically at MACD, but I screen a lot based on CCI over different time frames. EXC started showing on both daily and weekly screens a couple of weeks ago, and I positioned with call options a week ago and caught the run up over the last couple of days.
There are a lot of things you can do by building weekly indicator screens. Here is my weekly CCI 50 period Bullish Cross screen. (I like to add BB's around my indicator as they provide faster signals than a static 100, 0, -100 lines.)
For trend changes, I like to look at longer periods and then prescribe a certain number of periods below a threshold (CCI median band) and then a cross above in the last 1, 2 or 3 periods usually.
|
Stiv 6 posts msg #107042 - Ignore Stiv |
7/14/2012 11:22:52 AM
Here's one weekly MACD screen not including a dividend paying parameter
|
marine2 963 posts msg #107809 - Ignore marine2 |
8/25/2012 10:31:40 PM
Stiv, thanking you for responding to my question about Weekly MACD filtering. You do know your stuff on this subject and I do appreciate it. Happy investing and hopefully very rewarding as well.
|
voidcomp 23 posts msg #107852 - Ignore voidcomp modified |
8/29/2012 11:01:29 AM
I would like to see more on weekly filters. The posts here seem to be overwhelmingly geared to active trading, not intermediate term investing.
|
marine2 963 posts msg #107859 - Ignore marine2 |
8/30/2012 2:52:05 AM
If you set your filter up the right way a weekly filter could give you an intermediate result. That being 3 to 6 months. Work with the weekly MACD and see what you get.
|
voidcomp 23 posts msg #107860 - Ignore voidcomp modified |
8/30/2012 12:33:57 PM
Yep, that's what I meant ... and what I do.
|
marine2 963 posts msg #107866 - Ignore marine2 |
8/31/2012 2:04:34 AM
You should be doing pretty well using this method. It's like forecasting a hurricane you know its coming and gives you time to prepare for it. Much like working with a trend filter to which you know its intended direction and it has a high probability of succeeding. Since I am a percentage kind of guy I like this style. Happy investing.
|
Stiv 6 posts msg #107886 - Ignore Stiv modified |
9/1/2012 10:59:12 AM
I think looking across different time frames is what most try to do. One nice feature with SF is you can do some screening and displaying with a combination of daily and weekly indicators.
This is one example I have using a bearish screen based on the weekly CCI34 with a daily chart display while showing both daily and weekly CCI's (and those are in different time periods)
|
Stiv 6 posts msg #107887 - Ignore Stiv modified |
9/1/2012 11:01:48 AM
Then with a simply addition of "and display is weekly"
|