I Got this one wrong guys.....

MACD is a giant piece of rubbish, except for clueless traders who think it's got value!
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systematictrader said:
Macd is derived from moving averages hence its name Moving Average Cross ........ assuming same lengths are used,, main difference is macd tends to be ahead and more active but that same advantage can be a disadvantage when the market is trending heavily such as upwards gave bunch of signals that were failed signals,, but macd being a momentum/trend following indictor is one of the few that wont keep you wrong for too long,,, its useless if max or whoever uses it doesn't use it systematically in the sense of either in all the time long/short or not in at all or at least uses one sides of its signal and never overrides it,, for your second point yes thats available but once again if the person didnt use it from before those statistics are useless, in matter fact you can get those results mostly visually,, the thing gives no more than 20 signz in the whole year so visually u get a clear idea of its performance,,, daily chart S&P 500
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Cross? I don't use the garbage but IIRC the acronym is Moving Average Convegence Divergence. You sim-trading twat.
 
Max E. said:
No other way to describe it. :(

I fucked up.... I am willing to admit it.... I really blew it here...

I thought there was NO CHANCE the market could go up and i was wrong.... dead wrong.... to the tune of a quarter million bucks.... bad call on my part, but I'm willing to admit my mistake. Good Luck!!!!
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Respect....
 
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