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[RT] Re: MACD



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In a message dated 06/12/2000 10:10:22 PM Pacific Daylight Time, 
rglucas@xxxxxxxx writes:

<< Can anyone recommend settings for a MACD oscillator on 5 minute bars?  >>
********************************
It depends on how you are going to use it.  It is different for turning 
points as opposed to trend determination.  Just beware of one feature, when 
there is a grinding trend, let's say trend is up, Macd slowly returns toward 
zero (down) as price moves up.  This can be disconcerting if you are not 
prepared for it.
Lynn