FAQs Frequently Asked Questions
Trading Volatility Report
How to set up a 620 MACD chart
The chart is a five-minute intraday candlestick chart with a 6-period exponential moving average (orange) and a 20-period exponential moving average (blue) on the price data portion of the chart, and below that a MACD with a 6-period "fast" line (orange) and a 20-period "slow" line (blue). The eSignal setting for the MACD indicator is (6,20,10,C) and also shows a MACD histogram which can give one a better sense of when things are getting "stretched" to the upside. Note that on August 8th in the chart below, one could have extracted a better gain by selling into the MACD upside stretch that occurred about 1/2-hour before the close as the MACD histogram lines became little "skyscrapers."
|First published:||9 Oct 2017|
|Last updated:||9 Oct 2017|