BTCE:BTCUSD   Bitcoin / Dollar
225 8 0
How helpful is divergence on MACD?
As you can see we have already made up for that divergence by being at the same price/height as the top hill of the MAcD
Reply
> BB parameters are too small, you've got a false signal
> Divergence downwards on MACD indicates a bullish rebound divergence if it continues consistently, if the next upwards cross breaks the line it is bullish (http://www.tradeforextrading.com/moving_average_convergence_divergence_macd_strategy_file/macd_hidden_bearish_divergence.png)
> RSI double top has completed on the first launch price

Overall, I agree we're in for a large correction soon because of all this high upwards movement though.
Reply
I don't really know what you guys are talking about, but I am focusing just on the MACD line where Divergence can signal a coming change in trend.
Reply
JDunn TheChasm
Google it
Reply
I have googled MACD many times. I understand it and now I am applying what I have learned here. The price has played out as the bearish divergence was indicating to me.
Reply
Here is a good video about the MacD that my friend Mark Ledermann made for noobs. You should get a good grasp of it before you add it to your arsenal. Many people trade with it but don't know how to use it correctly. /watch?v=OR8vwFv-5iU#
Reply
If you looked at any of my previous charts you would see I have used the MACD very effectively. This chart too.
Reply
JDunn TheChasm
If you need more help feel free to ask.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out