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@dappaT well spotted yes thats about 5 x the daily macd setting...

  1. W3hunter
    14,066 Posts.
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    31/05/21
    21:38
    Post #: 53548592
    @dappaT well spotted yes thats about 5 x the daily macd setting which roughly represents the weekly macd momentum..(the exact weekly setting is not that critical to me but yes your right that would be more accurate) A great hack here is that when the weekly is green and trending up strongly the daily macd can be trimmed back a bit to say 10/22/ 7 for a slightly quicker entry..I only use this daily macd to confirm the exact location for a straight edge trendline break on price anyway.
    Last edited by W3hunter: 31/05/21
    IMU Price at posting: 40.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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