An idea about moving averages...

Discussion in 'Technical Analysis' started by frostengine, Jan 18, 2006.

  1. I guess the question is, could someone predict the shrink/ growth of that MACD black bar, right?

    Is this so, first poster?

    I think u just use the same principle, like what we all use in anything. Follow the trend. If there is a narrowing/ lowering of the black bar, then there is a higher chance of it to keep narrowing. And conversely as well, until u see a sign of reversal of the trend.

    If you take just the black bar and see it, u can see trendlines, resistance/ support, channels, and more.....including comparisons of current peak with previous wave's peak...etc..

    Just....Look at the black bar.
     
    #21     Jan 20, 2006
  2. In fact if you can program it, I think u can take this black bar and then run a signal/ indicator on it. But I'm not sure this is necessary, just naked eye will do.
     
    #22     Jan 20, 2006