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Hello BobR,
that's correct. and every time I compare it to some other, often more
complicated oscillator, it is my preference. the only change I made
was to add bands above and below the 16 bar line. and I sometimes use
10 instead of 16. the bands are pretty good for overbought/oversold
conditions.
--
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxxxxxxxxx
Friday, March 22, 2002, 4:06:14 PM, you wrote:
B> During one of Linda's free Java sessions she said that her MACD is created
B> with 3 and 10 period SIMPLE moving averages and not exponential moving
B> averages as is found in some software packages.
B> bobr
B> ----- Original Message -----
B> From: "Mikey" <mtg1021@xxxxxxxxxxxxx>
B> To: <realtraders@xxxxxxxxxxxxxxx>
B> Sent: Friday, March 22, 2002 12:55 PM
B> Subject: Re: [RT] conv div on macd
>> i didn't know that walt bressert had a macd i would like to see it if
B> you have
>> it but mine is just the std ole trade station macd
>>
>> ckp wrote:
>>
>> > MIckey
>> > iIs this the walterbressert indicator(macd) or this is in the
B> tradestation?
>> > If this is the tradestation indicator then what is the input?
>> > Thank you
>> > Kris
>> > ----- Original Message -----
>> > From: "Mikey" <mtg1021@xxxxxxxxxxxxx>
>> > To: <realtraders@xxxxxxxxxxxxxxx>
>> > Sent: Friday, March 22, 2002 9:17 AM
>> > Subject: [RT] conv div on macd
>> >
>> > > 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
B> 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
B> i
>> > > have blacked out the two moving averages since (though necessary for
B> 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:
>> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
>> > >
>> > >
>> > >
>> > > Your use of Yahoo! Groups is subject to
B> http://docs.yahoo.com/info/terms/
>> > >
>> > >
>> >
>>
>> --------------------------------------------------------------------------
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>> >
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>>
>> To unsubscribe from this group, send an email to:
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