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Registered User
Joined: 11/7/2009
Posts: 25
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I thought that "momentum" and MACD were both momentum indicators,
yet frequently they don't line up. Mine have these parameters:
momentum: period = 10; MACD simple 10, simple 20, simple 9.
I changed the MACD from its original 12, 26; 9, to the above, because
I thought maybe they don't line up because their periods are different;
but the changes I made don't make them line up either.
Can you explain what the difference is between MACD and momentum
indicator,
and if one wanted to take them as guidance
for buy/sell decisions, which one would one follow?
Dr. Francoise Farron
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If all "momentum" type Indicators always lined up and agreed with each other, there would probably wouldn't be so many.
The trainers can't give setting, interpretation or investment advice. I'll move this topic to the Stock and Market Talk forum so other traders will be more likely to see it and comment.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 2/21/2007
Posts: 797
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F: Practice studying the macd histogram with standard settings. Watch strength and weakness of price movement, compare to the movement of the histogram. It can reveal alot. It may take a while to catch on but you may find it worthwhile. I like anywhere from 3 minute to 30 minute charts. Go in the direction of the daily trends.
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Registered User
Joined: 7/23/2010
Posts: 84
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This video may help F
Understanding MACD
( http://forums.worden.com/default.aspx?g=posts&t=3978 )
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