Don't like MACD either. It's a kind of "double derivative" MA, meaning that whatever information you want to derive from your MACD, you could as well derive from the basic MA without occupying the bottom of your screen.
%% LOL; yes / since i consider market making a good help full form of daytrading...............................................................................
I steer clever of 1 minute time frames - not my cup of tea. But ya with the rest, I use the same strategy, just switch the time frames.
IMO for most cases - no. Even if it can, you'll still need to fine-tune the parameters of the strategy.
%% [2] Two ways; i read his book/Market Makers Edge+ they always help me out of my ETFs/long or inverse trades /investments...................................................................................Most of my ETFs have a bid ask spread of a penny or nickle or more.