MacD

This is a discussion on MacD within the Futures & Options forums, part of the Markets category; Hi everyone, any suggestions on how to day trade futures using Macd. If so, what settings would you use and ...

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Old Dec 14, 2016, 6:05pm   #1
 
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MacD

Hi everyone,

any suggestions on how to day trade futures using Macd.

If so, what settings would you use and would you pair this indicator with another one?

Thanks,

Rob
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Old Dec 15, 2016, 12:14am   #2
Joined Nov 2014
If you trade the 5m TF, take only longs when the macd is above the zero line on the 30m TF. Reverse for shorts.

In that case you can also do without it, two emas would do. Which emas?

Last edited by Fugazsy; Dec 15, 2016 at 12:20am.
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Old Dec 15, 2016, 6:59am   #3
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Suggest using the defaults as you are then going with herd......
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Old Dec 15, 2016, 10:19am   #4
 
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Originally Posted by Fugazsy View Post
If you trade the 5m TF, take only longs when the macd is above the zero line on the 30m TF. Reverse for shorts.

In that case you can also do without it, two emas would do. Which emas?
Ok thanks. You don't by any chance have an example of this?
Or how do you trade?
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Old Dec 15, 2016, 10:20am   #5
 
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Originally Posted by NVP View Post
Suggest using the defaults as you are then going with herd......
Do you use MACD? And what trade set up would you recommend?
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Old Jan 7, 2017, 2:23pm   #6
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Originally Posted by rhuw View Post
Hi everyone,

any suggestions on how to day trade futures using Macd.

If so, what settings would you use and would you pair this indicator with another one?

Thanks,

Rob


Hi Rob,

As someone who has been where you are right now, you will save yourself years by ditching indicators like MACD and other oscillators. The reason is that you spend time studying the indicator rather than studying price action in your chosen market. The Macd is just a way of outsourcing your decision making.

The advantage of futures markets with thick volume (so NOT fx futures) is that you can see volume as well as price. And this combination drives market moves.

My advice would be to read up on supply and demand, who are the people you are trading against (there are 3 participants-the biggest being Other Timeframe traders OTF), and then read up on market structure, volume profile, and trading against trapped/beaten traders.

I know it sounds like a lot but to make it in trading you have to be able to understand how and why a market moves. The MACD does not explain that.
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Old May 1, 2018, 12:00pm   #7
Joined Apr 2018
MACD does not work for me - tried it many times, maybe i am missing something.
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