Two moving averages and the macd
Hi everyone. I am just starting out in trading and I have some experience although I class myself as a novice and I am still studying the different methods. I am having difficulty with one area in particular and I cannot seem to find an answer anywhere.
The macd indicator has a default of 12 short, 26 long and 9.
When using the macd indicator what is the best time frame in terms of using two moving averages on the chart above macd i.e. 6,21, or 50, 100 and so forth?
Whatever moving average time frame you use, should the macd always be kept in the default settings?
Sorry if this sounds technical or confusing, hope I got that out right.
Would appreciate any feedback. Thanks.
