platinyumnum
Junior member
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Here's something quite interesting.
The idea is to apply a MACD to a Fast Stochastic.
Most of the charts that I have used - the free ones - won't allow you to do this. It seems that the Netdania charts may... although I am not sure if this is what is really happening. Anyway, for an interesting look-see:
Open a free Netdania chart and set it to EUR/USD 4 hr.
On the chart add a Stochastic channel - Stochastic 10/1/1. This will be your main indicator.
Add a MACD signal indicator of 9/3/1 to the Stochastic channel. Do NOT open a separate MACD channel.
Add horizontal lines at 80, 50, and 20. Use these lines as you see fit. I use the 50 line as a "close line."
At the very least, this should provide you with an interesting look. I think that if you or your group monitor this chart every 4 hours, you could make substantial profit.
The idea is to apply a MACD to a Fast Stochastic.
Most of the charts that I have used - the free ones - won't allow you to do this. It seems that the Netdania charts may... although I am not sure if this is what is really happening. Anyway, for an interesting look-see:
Open a free Netdania chart and set it to EUR/USD 4 hr.
On the chart add a Stochastic channel - Stochastic 10/1/1. This will be your main indicator.
Add a MACD signal indicator of 9/3/1 to the Stochastic channel. Do NOT open a separate MACD channel.
Add horizontal lines at 80, 50, and 20. Use these lines as you see fit. I use the 50 line as a "close line."
At the very least, this should provide you with an interesting look. I think that if you or your group monitor this chart every 4 hours, you could make substantial profit.
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