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Hi Augustin,
belatedly adding my bit: If you use MACD which is really a trend
*following* tool, you'll always get your signals after the
peaks/troughs. Furthermore for every indicator, the more sensitive you
make it, the more you get whipsawed - that's a fact of nature ;-)
This said & done, for my part I've quit using the classical MACD -
except maybe as a contra-indicator. Tell you why: If you're using a tool
that's used by untold others that's precisely right for carpentry and
precisely wrong for the stock market, cf. efficient markets etc.
However, getting back to basics, MACD is basically a cross-over system
between a shorter- & a longer-period version of the same indicator. So,
variations on this theme can be made using different indicators from the
tired old SMAs or EMAs. Why not try Volatility- or Volume-Adjusted-MAs,
or TEMAs or Time-Series-Forecasts or ... Also, if you're really want to
experiment try crossovers of *different* indicators.
Finally, Tushar Chande introduced the idea (at least to me) of using a
stochastic of anothother indicator, cf. StochRSI. One could try try this
out on the MACD as well.
I can only repeat what others've said here before: Find a couple of
indicators that fit your style, play around with them until you
understand & are comfortable with them, and then stick to your system -
always remembering that money management is tree quarters of the game.
Hope this helps, Jan Willem Roberts
Augustin Bataille wrote:
> Hi,
>
> As you know, MACD is always bottoming or topping before crossing its
> trigger line.
> However, the MACD signal comes always a bit late compared to price
> movement.
> Is there any way to calculate the MACD first derivative function to
> identify MACD tops/bottoms, that could be use by the Explorer or the
> SystemTester?
> Any suggestion is welcome
> Kind regards,
> Augustin Bataille
> Belgium
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