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The MACD indicator problem (like in any other trend indicator) is the periods when the market move sideway. So, for profitable system you can use this indicator only 0.33-0.5 of the time.

Did someone find the information described the book "The Delta Phenomenon" useful for day trading?

Technical analysis works because many people use it, and successful traders are able to predict how other people will react when they implement different technical analysis strategies; i.e. while the losers use TA to determine their trades (usually the wrong way), the professional traders wins...