Jongo : I trade World cash Indices eg German Dax -- I'm a swing trader so a trade for me is usually a couple of hours on a CFD basis, I use multi times on each market but my main frame is the 5 minute. But I have tested my method on blue stocks it still works fine I just lengthen the time frames.
I have customised my MACD settings a common setting is 100,25,1 and have colour coded the line blue for UP & Orange for DOWN.
I use the placing on the sub chart to identify the top & bottom of a swing.
I have just got off my trade on the ASX200 cash market I entered at the open 10am 5,450 and exited at 5,413 which gave me 37 points (pips)@ $ 25 /pip = $925. I entered when the MACD was flat at the TOP & Exited when it was rounding off at the bottom.
I can give you more info on the MACD if you want to give me your email address.
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Jongo : I trade World cash Indices eg German Dax -- I'm a swing...
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