The trouble with all indicators is that they lag in time. They tell you what has happened but not what will happen and that is THE problem. Having found by experience that to be true most people give up, after becoming a lot poorer than when they started. Anyway a lot of fun trying
----- Original Message -----
Sent: Saturday, October 24, 2009 5:29 PM
Subject: RE: [EquisMetaStock Group] Is there any indicators to confirm MACD Histogram?
Try trend line, 50 day moving average, trading band etc
Lionel
[Attachment(s) from Blitz Krieg included below]
I'm watching on of security INDF. MACD Histogram shown decrease since 1st week of Sept even StochRSI maintain in overbought area but the price still increasing. My question is any indicator can confirm this security movement better than MACD Histogram and StochRSI?