intraday indicators

Discussion in 'Technical Analysis' started by drew4784, Feb 15, 2006.

  1. drew4784

    drew4784

    whats the best way to set the MACD for equties on a intraday basis? i was using (12,26,9) on a 5 and 10 min timeframe, but am seeing possibly better signals at (5,13,6). any thoughts?
     
  2. Lorenzo

    Lorenzo

    6,77,34 and simple MA 20 (any time frame) with bollinger bands 20.2

    When you have a down cross with the MACD above the zero line AND THE CLOSE IS BELOW THE MA, EXITLONG or sell short with a stop one tick above the last high (THE HIGH formed when the MACD was bullish)

    Duoble short when the MACD is below the zero line

    the same rule to the upside

    LORENZO
     
  3. LBR has been using 3,10, 16 for years with some success. The 5, 13, 6 is my personal preference.
     
  4. Lorenzo

    Lorenzo

    Here's today session on ES H6 (1 minute bar)
     
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  5. drew4784

    drew4784

    how long have you been using that strategy lorenzo? do you only trade the minis?
     
  6. Looks like YM to me.
     
  7. Lorenzo

    Lorenzo

    Sorry, yes I also had the chart of the ES, but I posted the YM...

    Lorenzo
     
  8. Lorenzo

    Lorenzo

    The same indicator on ER2 H6 (2 min)

    However nothing is perfect....

    The best signal is generated when the Macd shows some divergences

    Lorenzo
     
  9. Lorenzo

    Lorenzo

    see the divergence...
     
  10. cnms2

    cnms2

    Unusual parameters for MACD. How have you decided on them?
    • Quote from Lorenzo:

      6,77,34 and simple MA 20 (any time frame) with bollinger bands 20.2

      When you have a down cross with the MACD above the zero line AND THE CLOSE IS BELOW THE MA, EXITLONG or sell short with a stop one tick above the last high (THE HIGH formed when the MACD was bullish)

      Duoble short when the MACD is below the zero line

      the same rule to the upside

      LORENZO
     
    #10     Feb 15, 2006