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BB, the point I was making is that a cross of the zero line on the MACD is defined as a cross of the 2 EMAs, is it not ? See the 2nd paragraph below: "MOVING AVERAGE CONVERGENCE-DIVERGENCE INDEX (MACD) The MACD is a two-component indicator based on two exponential moving price...

Just reading back over this thread, can anyone tell me why T28 doesn't just watch the 12 & 26 bar EMAs and trade on the crossover ? As far as I can see, that's exactly what the system does. Apologies if I'm being very dense.

Tracking the signals on the FTSE futures this am.. here is the chart..

Sorry for the double post.

"Wait for the macd is cross the zero line then take the trade." ... and again, but in English ?

"Wait for the macd is cross the zero line then take the trade." ... and again, but in English ?

Probably slight O/T, but a rule I have found useful with stocks is to not enter countertrend trades after midday. I define countertrend as price above the 1 day MA. I label these trades PCRs (PM, Countertrend Reversal) and they have been responsible for significant losses...

OK, this is the last one...

2 min chart of FTSE ftrs with MACD crossover & 9 bar EMA cross circled.

About 30 mins later...

Been looking at the MACD with the market I'm most familiar with, the FTSE futures. Here's a sample chart for todays session.

Thanks for the reply. The reason I ask is that different traders react to win/loss rates in different ways. A 40 % win rate can be very profitable if the R/R is right, but many traders would not be comfortable trading such a system. On the other hand, you can lose lots of money trading...

CharlesTrader, thanks for your input. Out of interest, how many trades do you typically find per day on the ES ? Also, if you wish to, can you post win / loss % and P:L raio ? Mo

Been reading this thread, very useful stuff. Couple of questions: 1. Has anyone been trading this type of system using longer timeframes ? Eg maybe trading off the 5, 10 or 15 min chart ? I'm the type of trader who likes to make a max of 4 trades per day. 2. For anyone trading the short...

"I did precisely the wrong thing," Livingstone notes. "The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you...

OK here goes, this is a fairly typical day: 0700 Alarm goes off. 0710 Alarm goes off again. 0720 Grab alarm and hurl it across the floor. 0915 Wake up. 0920 Think... aren't weekends wonderful, time to relax and forget about trading ... 0922 Listen to radio and read a old...

I can see what you are saying, but I don't think the active members of an obscure trading board can really be regarded as 'the masses'.

Looks like the bears got their way today.

I use CMC but the info on that site is incorrect.

Er... what exactly has Trendymohawk's post to do with the thread ?