Will Duxon
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Since I’m pretty much finished developing my own approach to trading, I’ve decided to spend some of the extra time I now have on my hands comparing what I do to other successful strategies (just for the fun of it).
The first one I’m looking at is a 5-minute scalping strategy using Parabolic SAR and MACD, but since I haven’t been using lower panel indicators, I’m not sure that I applied the MACD confirmation correctly.
The rules say that sell signals are confirmed by the MACD line and Signal line making a bearish crossover, which is what I think I’m looking at here, but if I’m mistaken, please feel free to point out my error, thanks!
The first one I’m looking at is a 5-minute scalping strategy using Parabolic SAR and MACD, but since I haven’t been using lower panel indicators, I’m not sure that I applied the MACD confirmation correctly.
The rules say that sell signals are confirmed by the MACD line and Signal line making a bearish crossover, which is what I think I’m looking at here, but if I’m mistaken, please feel free to point out my error, thanks!
