XJO 0.13% 8,255.6 s&p/asx 200

MACD histogram, i.e. momentum, is sometimes helpful on the SPI 1...

  1. mem
    78 Posts.
    MACD histogram, i.e. momentum, is sometimes helpful on the SPI 1 min chart for scalping 5-15 points. If Divergence on the MACD histogram as well, I go for a few more points (10-30). Other time frames should work as well.

    Momentum retracements can be very shallow in trending markets so don't rely solely on the indicator. I often exit at quickly at breakeven if I don't like how the price moves after entry.

    The MACD histogram/momentum signal can be used to get into a trend when price retrace a bit, or you can use it to enter in a trend reversal bet (particularly if you have a 2-4 peak divergence in the histogram)

    Treggs; thanks for the idea of MACD crossover as an end of movement indicator. Might help me hold a bit longer which is a weakness I am working on a the moment
 
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