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Re: [RT] conv div on macd



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i don't use the 3 10 method  but your gif describes basic divergence theory   i ahvent yet
seen anyone use the macd the way i have described it  and i don't charge for the
information as does the pattern trapper
i don't believe that this forum should be used as a mechanism to sell a product or a
service  it should be about people willingly sharing their ideas without any hook or
hidden fees or charges  or is the pattern trapper no free ???

Bob Hunt wrote:

> More extensive writings on this concept can be found at:
> http://www.patterntrapper.com/guide.shtml#310
>
> The 3/10 Oscillator actually uses Weighted Moving Averages, whereas MACD uses
> Exponential. I prefer the weighted, but for those who do not have that capability
> the MACD comes very close.
>
> Bob Hunt
>
> Mikey wrote:
> >
> > see the attached chart
> > what i do is to convert the macd into a line and then plot it into sub
> > graph one  ( the price bars) and then to look for conv div in this
> > manner
> > for ease of perusal i have marked a couple of trades up so it is easier
> > to see
> > normally there are three macd components on trade station they are the
> > fact ma slow ma and the macd diff   i am just using the macd diff and i
> > have blacked out the two moving averages since (though necessary for the
> > computation A)       they just clutter up the chart
> > take a look at it and then i will be more than happy to answer any and
> > all questions
> > mikey
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >   ----------------------------------------------------------------------------------
> >  [Image]
>
> --
> Bob Hunt
> THE PATTERN TRAPPER
> E-Mail: RHunt@xxxxxxxxxxxxxxxxxx
> Web Site: http://www.PatternTrapper.com
> Phone: 952-892-5550
>
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