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[RT] Re: MACD



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Reggie Lucas wrote:
> 
> Can anyone recommend settings for a MACD oscillator on 5 minute bars?
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Reggie,

For short-term Oscillator Divergence/Momentum Confirmation try the fast
setting at 3 and slow setting at 10 (the third, or smoothed, setting
does not matter). This plots the value of the 3 period EMA minus the 10
period EMA or the same readings as the 3/10 Oscillator. Further details
on its use can be found at
http://www.PatternTrapper.com/guide.shtml#310

Bob Hunt
THE PATTERN TRAPPER
E-Mail: RHunt@xxxxxxxxxxxxxxxxxx
Web Site: http://www.PatternTrapper.com
Phone: 612-892-5550