The MACD Trading Strategy of a Market Wizard

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SMB Capital

SMB Capital

Күн бұрын

SMB's new scalping course (free) tinyurl.com/46eejfwz
#MACD #tradingindicators #tradingstrategy
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Пікірлер: 460
@smbcapital
@smbcapital 3 ай бұрын
SMB's new scalping course (free) tinyurl.com/46eejfwz
@ronweber4508
@ronweber4508 3 ай бұрын
I’m just a couple of weeks into looking for the best tool for binary options (higher/lower), and am looking for the best tool(s) for this kind of trading. I want to learn broader trading, too.
@LifesentertainmentchannelNEW
@LifesentertainmentchannelNEW 3 ай бұрын
Thanks i hope i can learn more from macd
@hymavathi1
@hymavathi1 13 күн бұрын
Ľ 18:07 18:07 18:07 Olli ľ
@darnellcapriccioso
@darnellcapriccioso Ай бұрын
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@jeromesand
@jeromesand Ай бұрын
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
@maiadazz
@maiadazz Ай бұрын
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
@hoosier-daddy-wv5gi
@hoosier-daddy-wv5gi Ай бұрын
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
@maiadazz
@maiadazz Ай бұрын
Tenley Megan Amerson’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
@richardhudson1243
@richardhudson1243 Ай бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@jmarsh411
@jmarsh411 3 ай бұрын
I've been giving the MACD my undivided attention for the past 3 months, ever since I realized its versatility. The default settings were designed for a specific market. I think what's missing in a lot of guides is knowing how to tune your own settings for your own application. People are overly focused on crossovers. What really helped me was to plot the MAs on the chart and adjust the lengths so that they line up with what YOU are looking for in price action. I trade forex and I like to hold trades for about 2 hours. So I put an EMA on a 5m chart and started adjusting the length so that the peaks and troughs of a typical move were roughly 2 hours apart. That's what I use for my slow MA in the MACD. Because of this, historical highs or lows of the MACD line tend to line up with when MY setup is overextended. That tells me exactly when I want to exit. I also use a higher timeframe MACD as a larger trend filter. The possibilities are endless when you dive into the underlying components of the MACD and bend them to your vision. The histogram is useful for certain things as well. The Anti setup looks interesting and I'll start watching for it in my markets as well. Thanks for the video!
@garrettdrinon
@garrettdrinon 3 ай бұрын
Thanks for your detailed review! Love how nuanced you are with catering the use of the indicator to exactly what you want to get out of your specific setup. Right in line with my philosophy of addressing first what you want to quantify about your setup, and then going and using the math to figure out how to do that (as discussed in the Indicator Guide video from a few weeks ago). Super interesting what you are doing. There's probably even a way to automate the dynamics of your settings (if using Python).
@audioface420
@audioface420 3 ай бұрын
Nice explanation, thanks 👍
@David_Gross
@David_Gross 3 ай бұрын
Forget the "Anti" setup and focus on what you are doing. It's much smarter. You are right about the crossovers.
@RetroNels
@RetroNels 3 ай бұрын
Just to clarify, so I definitely get it (!) - your slow EMA would be set at 24 then? (2 hours / 5)
@KenLahne2
@KenLahne2 3 ай бұрын
What exactly are your MACD settings on the 5 min chart and what moving average?
@johnevans445
@johnevans445 Ай бұрын
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month this 2024 investing with Sonia Hicks.
@Austin195
@Austin195 Ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
@KingBaldwin715
@KingBaldwin715 Ай бұрын
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@travisobrien09
@travisobrien09 Ай бұрын
I'm new at this, please how can I reach her?
@marthajames987
@marthajames987 Ай бұрын
The first time we had tried, we invested $1000 and after a week we received $4,830. That really helped us a lot to pay our bills.
@stevenrice500
@stevenrice500 Ай бұрын
You trade with Sonia Hicks too? Wow that woman has been a blessing to me and my family.
@davidgrant6317
@davidgrant6317 3 ай бұрын
First I want to thank you Garrett for the content that you have been making on indicators and how to use them. I especially liked the one on RSI and 0dte. Please continue to make the videos, but not only you but all the team at SMB, I really appreciate it. I did make an observation on the examples you used in this video...in the trades that worked the Avg line had just crossed 0 and was still on that side of the zero line. I use the Macd all the time and I've noticed that pullbacks or retracements work better when the Avg line has crossed and is on your desired side of the market. Again thanks for everyhing, please continue!!!
@paulbrandon422
@paulbrandon422 3 ай бұрын
Big fan of Linda’s work. I’ve been using this indicator for years, but with exponential ma’s. I find it works best when the signal line is on the same side of the zero line as the new trend...... i.e above zero for a potential long trade and vice versa. The signal line tends to stay on the same side of the zero line as long as the trend is intact. So subsequent anti type setups may occur in an extended trend, but with a lower probability of success.
@garrettdrinon
@garrettdrinon 3 ай бұрын
Okay yeah, that is interesting, makes sense. Thanks for sharing!
@shookmusic3277
@shookmusic3277 3 ай бұрын
yes i find macd works with 0 line crossover as well so much better when the open mouth is happening wide while crossing middle
@christo2333
@christo2333 3 ай бұрын
Garrett, I really appreciate that you also showed instances when this anti signal did NOT work. I wish more of the teachers out there would do that!
@buddyreg234
@buddyreg234 3 ай бұрын
Seriously, those 26, 12, 9 make more questions than answers!
@markveen4103
@markveen4103 3 ай бұрын
I'm very grateful for the educational videos ! I earned my Series 3 license in 2001, not a great time to start in the financial sector. I am working on my trading skills as my fiancée put me in charge of a 200k account to achieve profitability. Your team has taught me so much more in the past 24 hours than any other presentation. Thank You!
@ESTEBANECONOMIA
@ESTEBANECONOMIA 3 ай бұрын
All videos from Garrett are pure gems!! Thank you and keep sharing your wisdom
@dannytetreault
@dannytetreault 3 ай бұрын
I spent the 1st 3-5 years of my trading career trying to find the ‘holy grail’ of indicators that would help be successful in my trades. Them, I just realized that price action was all I needed. The market is speaking! But, are you listening? Danny ‘the Price Action Whisperer’ Tétreault.
@suad1007
@suad1007 3 ай бұрын
Price action is nonsense. Option chain analysis is the real holy grail. Price action is just positioning on the option chain. If you understand the option chain you know where reversals will take place and till where the market can go. "Price action" is just the manifestation of the positioning on the option chain. Price action is made later. You think you're the whisper? I AM THE MARKET WHISPERER.
@jtlanci
@jtlanci 3 ай бұрын
@@suad1007 Brother, option chain analysis is nonsense. Spice-induced precognition is the real holy grail. Option chain is just positioning driven by the mind-killer. If you understand the spice and are preborn you know where reversals will take place and till where the market can go. "Option chain" is just the manifestation of positioning driven by the mind-killer. Option chain is made later. You think you're the whisper? I AM SHAI-HULUD.
@pedroewert143
@pedroewert143 2 ай бұрын
@@suad1007 any channels that offer insight in the options chain? but it makes sense as it takes more comittment - anybody can spoof the order book and say they would buy or sell at a certain price and then cancel the order - at least with the options there is some skin in the game
@edson4834
@edson4834 Ай бұрын
​@suad1007 be humble, open mind learn, people with "I AM THE MARKET WHISPERER" are jokes for the real player.
@suad1007
@suad1007 Ай бұрын
@@edson4834 nope. When I know my method is superior I will not be humble. I know things about the market, I see things that numbers in option chain data show me. Things you couldn't dream of in your wildest dreams of how markets work. So no.
@johntorn6948
@johntorn6948 2 күн бұрын
I passed a Free Trial and Real Challenge using this indicator. Thank you Linda.
@davidcappaert8740
@davidcappaert8740 3 ай бұрын
Although I've been trading for 25 years I took the last ten years off. I made a few trades now an then but they were mostly 2/3 week swing trades. 3 or 4 months ago I decided to start trading options and went into reeducation mode. During this period I've watch 50 plus of SMB's video's and haven't subscribed but I did after this one. I've been experimenting with MACD for 8 or 10 weeks and just couldn't tweet it to fit my trading style. This gives me that exact info I've been looking for. I started live trading 3 weeks ago and currently have a 77% win rate with win dollars 5 times that of lose dollars. I think this will improve my trading. Can't thank you enough.
@emeraldplumber
@emeraldplumber 3 ай бұрын
Can you share your settings?
@raistocktradingltd.2175
@raistocktradingltd.2175 3 ай бұрын
i did diligence and these settings give clear and advance signal. i did on SPY. Big Thnx Linda.🙏🙏
@conorclark4768
@conorclark4768 3 ай бұрын
Genius, I never would have thought of this. Going to apply this logic to a lot more setups.
@ArtyMunoz
@ArtyMunoz 3 ай бұрын
Impressed by Xeventy's commitment to user control and privacy! The decentralized KYC and personal data vault set a new standard for security.
@ssunkite1
@ssunkite1 3 ай бұрын
This is a variation of head and shoulders pattern. Any bullish trend tends to reverse with a head and shoulders pattern. So is true for bear trends but with an inverse head and shoulders. For bullish patterns, if the pattern fails then there's continuity to the trend otherwise when the right shoulder has formed by having a lower swing high than the head trapping bulls and there's an up trend line break connecting the right and left neck line that's when the head and shoulder tends to deliver on it's probability. There are a miriad of ways to skin this cat. Great video from SMB. Thanks for the upload.
@garrettdrinon
@garrettdrinon 3 ай бұрын
This is an awesome perspective on the setup. I completely agree. And love the many ways to skin a cat mindset. These indicators are just tools. I've always thought of a head and shoulders as the first pullback in a new trend and now you're making this connection here. Cheers!
@n7ekg
@n7ekg 3 ай бұрын
The H&S/IH&S pattern is the most reliable pattern out there, statistically speaking.
@waynebaker7973
@waynebaker7973 3 ай бұрын
I hear irrespective of market up and down, inflation, economic meltdown, and a bunch more factors, investors are still making good roi, how true is this ?
@douglasjefferson8533
@douglasjefferson8533 3 ай бұрын
If you look at it, factors you mentioned when you know what you doing actually can get you lucrative.
@kdavids1009
@kdavids1009 3 ай бұрын
I’ve seen my 185k startup get over two million in the space of 21 months, I’ve seen firsthand professionalism and expertise is essential for profitable ROI.
@bnmyron4225
@bnmyron4225 3 ай бұрын
How do you mean? How’re you profitable?
@kdavids1009
@kdavids1009 3 ай бұрын
I’d say do your due diligence on Kevin Mikan, he’s top notch and his system lucrative.
@douglasjefferson8533
@douglasjefferson8533 3 ай бұрын
I put his name of google, you literally working with a pro, thank you for this.
@d3ath1ygaming55
@d3ath1ygaming55 3 ай бұрын
Using lagging indicators to predict future moves. I do appreciate you being honest with how you feel about it!
@mattportnoyTLV
@mattportnoyTLV 2 ай бұрын
It’s all guesswork. All of it.
@ashokrao7751
@ashokrao7751 3 ай бұрын
Thanks garret, for your perspective and relevant context. Excellent examples
@garrettdrinon
@garrettdrinon 3 ай бұрын
You are welcome! glad you enjoy and thank you for the kind words
@Kanjicafe
@Kanjicafe 2 ай бұрын
I tried the 3-9-5 MACD setup yesterday (Friday) as my buy/sell signal, my first time to use MACD. I used IWM price action on the 1 minute chart, but I bought and sold calls and puts expiring Monday instead of IWM shares. I was very very happy with these first little test trades. Very interested in getting more comfortable with MACD and using it daily.
@cuba_moto3737
@cuba_moto3737 3 ай бұрын
Thanks for another awesome video Garrett. I love the anti trade as well from Adam’s book. I made a scanner mid 2023 to find them. My best trades come from catching that retest.
@garrettdrinon
@garrettdrinon 3 ай бұрын
awesome to hear! and thank you!
@b_gumm
@b_gumm 3 ай бұрын
Garret, you're great. I enjoy all the videos you put out. Appreciate you sharing this with us. Many thanks.
@garrettdrinon
@garrettdrinon 3 ай бұрын
thank you! we will keep them coming
@tanglyng
@tanglyng 3 ай бұрын
I really dont understand why people watching SMB`s educational videos cant take the time to give a "like" !
@theautoman22
@theautoman22 3 ай бұрын
I think it’s better to adjust your MACD to be more inline with the price action of the ticker you’re trading then spot the divergence and take a trade. The 3-10-16 is more like a rsi changed from the standard 14 to a 16 setting.
@solotrucker1706
@solotrucker1706 3 ай бұрын
Nice, thanks for pointing this out
@Sensei__Nate
@Sensei__Nate 3 ай бұрын
I like the idea of using it as additional confluence rather than a buy or sell signal
@cluso4
@cluso4 3 ай бұрын
I've been using a 3,10 macd for a number of years,it works well with anticipation in mind and at key levels. Works better longer term, but can be used on all timeframes. Look for price making higher high while macd makes lower high, the more significant the level then the more likely the signal will be validated same goes for buy signal at lower lows. But it will also give false signals,so keep that in mind. And its good idea to zoom as far out on your chart as you can to see shifts in momentum as macd indicates a change in sentiment from buyers to sellers and vice versa.
@jme6322
@jme6322 3 ай бұрын
Thanks. Six months live Lightspeed. Four hope hold trades and excessive fees have kept 70 trades draw down $1700. So, removing those four learning days and paying tuition I would be green. I'm my biggest obstacle. And, I've got this. I also consider no trade days as green days mentally before going to work.
@cuongvitruong
@cuongvitruong 2 ай бұрын
Thank you for this MACD trading tips. Now, I know how to truely use the MACD indicator.
@DougSmileyVirgo
@DougSmileyVirgo 3 ай бұрын
Thanks, Garrett. I'm backtesting now and Linda's MACD settings look great so far. 🙏
@garrettdrinon
@garrettdrinon 3 ай бұрын
great, and you are welcome!
@nrsimple16
@nrsimple16 3 ай бұрын
how is working
@lifemarketing9876
@lifemarketing9876 2 ай бұрын
@@nrsimple16 test it yourself and see if it works.
@jsajeev3046
@jsajeev3046 3 ай бұрын
The MACD is a wonderful indicator to use on weekly charts and most back tests would indicate robust results and there the 13 EMA corresponds to 13 weeks or a quarter and 26 to half yearly. On the weekly it is one of the best indicators because it kind of is a momentum indicator and momentum in the 3 months & 6 months timeframe is used in many of the momentum studies (I personally feel that 12 months momentum is a bit late in getting in and out of the trends). Six months is kind of like the sweet spot and this indicator excels in that time frame.
@easterntornado
@easterntornado 5 күн бұрын
I have backtested this and works well in commodity and index that I trade. Thanks for sharing the same.
@thiagotorricelly
@thiagotorricelly 3 ай бұрын
Nice video, I’ve been using only the histogram of macd with settings 20 and 200 on M5 time frame. It gives more confirmations when a trend is still strong with green bars or red still rising.. which I can use this info to improve my entry points and also hold more time a profitable trade. Also use this settings on H4 to see if the direction on the higher time frame still has momentum to upside (in case of green histogram) or downward in case of red
@garrettdrinon
@garrettdrinon 3 ай бұрын
intrersting, thanks for sharing! A lot of people, i’m finding, are using the histogram quite well.
@chrisbera7952
@chrisbera7952 2 ай бұрын
Pretty neat. I'm going to do some back testing on this! Thanks!
@JimBoslice591
@JimBoslice591 3 ай бұрын
Thanks for the new MACD strategy. I'm using the MACD histogram to find divergence work price action. Been having a lot of success trading XAU. I'm also about to pass my prop funding trading challenge. Very excited because it is a $50,000 account. Great video, and again, thanks for the new strat.
@sbespn3820
@sbespn3820 3 ай бұрын
My favorite trade setup Linda teaches is the "Short Skirt" Trade. It's similar to the Anti.
@garrettdrinon
@garrettdrinon 3 ай бұрын
oh great, thanks for sharing, i’ll check that out!
@yoginacharya2150
@yoginacharya2150 3 ай бұрын
Some awesome MACD strategies 👏🙏.
@jonathanm9793
@jonathanm9793 3 ай бұрын
It's a Drop, Base, Drop...then offers an upward retracement that becomes "overbought" in the proper context of a newly developed downtrend. Either initiate your position as the prior lower high (the second drop) is retested or get in when you see the continuation pattern print.
@brandonkoh1542
@brandonkoh1542 3 ай бұрын
This works with stochastics and RSI confirmations, with price movements in line with Robert Miner’s book High Probability Trading where the next counter trend move is roughly equal to the first move down or 1.276 or 1.618 of it. Caveat is instruments should be very liquid like a macro instrument or a super in play stock.
@garrettdrinon
@garrettdrinon 3 ай бұрын
Interesting, thanks. I’ll check out that book.
@shodhankakirde2298
@shodhankakirde2298 3 ай бұрын
I will surely test this... and see the results
@user-ho6ls6nc9t
@user-ho6ls6nc9t 3 ай бұрын
Thanks for the great video! I was wondering where can I get this indicator for MT4 (the built in MACD in MT4 is based on EMA, not SMA - and it is MA type is not configurable). Many thanks!
@danielslara2010
@danielslara2010 3 ай бұрын
explosive set up for the macd
@FighterFred
@FighterFred 3 ай бұрын
If you can get clear signals from your setup, then it's easy to backtest using an algo, which gives you all the statistics such as win rate etc.
@Sebbipanza
@Sebbipanza 3 ай бұрын
I believe Linda uses the LBR OSCILATTOR with 3-10 and 16 simple moving averages. Its just a derivates of price actions. I have implemented this on my chart to try to spot divergences to pick a trend reversal. But as Linda says, most of the time this indicators dont tell you a story, but can work in a trend.
@ariagrippasboulevards8990
@ariagrippasboulevards8990 3 ай бұрын
A wise man said: "If you want to convince people to give you their money, show them graphs and charts". Nicely applied here.
@marsmellow1589
@marsmellow1589 3 ай бұрын
I have the MACD with the standard settings. Use it to give an idea when weakness in the stock comes during a newsbreak. It`s useless as a standalone indicator but gives more bias together with price action and volume. I don`t look for the cross. The histogram is more usefull to see fade.
@garrettdrinon
@garrettdrinon 3 ай бұрын
Interesting. This is the second time in the comments so far someone has mentioned the histogram as their key component.
@orgorg239
@orgorg239 2 ай бұрын
Garrett, I just use the standard settings with a histogram and when the histogram rolls over the top of the hill, I sell. If it goes down and turns back up again, I buy some stock but maybe not all the stock. I use small trades. I buy low and sell higher.
@harveyandruss8748
@harveyandruss8748 3 ай бұрын
Price acceleration change is where to focus here. Slope changes in the MACD trend or looking for what is typically called divergence is the same thing. You can see it without indicators. Draw a trend line = slope of the price action = price velocity. Notice if price pulls away. That's price acceleration. If volume increases that's force being applied by the market.
@joshuatan9002
@joshuatan9002 3 ай бұрын
Thank you for the videos!
@garrettdrinon
@garrettdrinon 3 ай бұрын
you are welcome
@razzy1476
@razzy1476 3 ай бұрын
MACD is best used as a divergent..convergent indicator ! As a pre warning of a failure of a uptrend or a turn around of prices about to turn from a down trend to an up trend ! MACD not best used alone but a one of many tools in your bag!
@carloswatchmearn1989
@carloswatchmearn1989 3 ай бұрын
My strategy is buy weakness with good fundamentals but lately been doing day trading, i been working in risk management, usually i use macd , rsi and volume , I will use this and I keep u post it.
@kris23joshi
@kris23joshi 3 ай бұрын
Thanks for the video Garrett! I have tried several settings without much success.. time to try 3/10/16 :)
@buddyreg234
@buddyreg234 3 ай бұрын
Did you program them all for backtest ?
@editealaoui8062
@editealaoui8062 3 ай бұрын
I trade options/verticals mainly and use 30min chart MACD to determine trend before market open. ES is not as reliable but SPX seems to be more consistent. I've been watching it for about a year and only now is when I realize the importance of the signal line. I'm still using the traditional settings but will try out Linda's set up, too. I will be back testing going forward.
@garrettdrinon
@garrettdrinon 3 ай бұрын
Interesting that ES is not as reliable as SPX. I wonder why that is. Thanks for sharing!
@editealaoui8062
@editealaoui8062 3 ай бұрын
I think the overnight session is what throws ES a bit wack. Once you remove ON, such as SPX which doesn't have it, then MACD and signal lines are easier to read and trust. I use MACD also on 5min options charts. @@garrettdrinon
@garrettdrinon
@garrettdrinon 3 ай бұрын
@@editealaoui8062 that makes sense
@ronyorobio7096
@ronyorobio7096 2 ай бұрын
Looking forward to some statistics on your findings. I am experimenting with macd as the main part of a set up that triggers an entry signal after certain stock screener set ups I run. It looks promising, but I only have 1 month worth of data of trades of 1 to 10ish days. My MACD settings are different, though
@anthonyddiaz8576
@anthonyddiaz8576 3 ай бұрын
I have used LBR's ANTI for many years. But I prefer to use a regular MACD setting AND a Stochastic RSI set to similar standard setting. These "ANTI" patterns occur on various oscillators, not just the 3-10, and I try to determine which beat the market is marching to, the slower or faster. I wait till it makes a "pretty" (perfect-looking) ANTI on one or the other.
@greffett1969
@greffett1969 3 ай бұрын
This is awesome. Thanks.
@danalarson7590
@danalarson7590 3 ай бұрын
I use the MACD with a good amount of success - probably because the standard settings are what everyone is using. In the case of the settings you have chosen here, you could probably just ditch the MACD and use the RSI with standard settings - compare the MACD with what you have set up and a standard RSI with the SMA of the RSI. I would have to do more research, but looking at a few tickers, I am getting very, very similar visuals with it.
@garrettdrinon
@garrettdrinon 3 ай бұрын
Very interesting. Thanks!
@akkapp
@akkapp 2 ай бұрын
hi dan , here alvaro from Rio de Janeiro , i am learnig a lot with plenty of wise comments on this great video and now `must follow` channel , thanks for sharing yours also .i appreciate very much the combination of macd and rsi for giving me clues before deciding to take or not a trade , although some traders could consider that a redundancy . i use both and i am always on learning mode testing and researching new combinations on both my understanding about the details and subtilities of both oscillators jumped to a higher level after reading and always rereading the original paper written by Welles Wilder , for me greatest genius of technical analysis . now i am reading the original book of gerald appel , creator of the macd ( without histogram) and needless to say a word talent and wiseness of Ms Raschke . i suggest her first book ` street smarts ` as precious source of great ideas .the ,regarding specificallycificaly the RSI iand last but not least the unbelievably definitive deciphering the RSI "hidden secret codes" lol... is the work of John Hayden - RSI - The Complete Guide. Recentely i luckly became aware obout the important tips and ideas for improving RSI fine tunning that i found on that i found on the work of Ms Constance Brow and also Andrew Cardwell . Rgds and have a great trade year
@nissimyaltzindeg6995
@nissimyaltzindeg6995 3 ай бұрын
Thank you once again for an insightful video. Just to clarify, if this setup is mainly for price action, given the utilization of MACD in this scenario, why would you look up the pattern in monthly, daily or weekly charts and not lower timeframe for the execution, like 1 min, 5 min or 15?
@garrettdrinon
@garrettdrinon 3 ай бұрын
timeframes are just fractals, so price action and indicator patterns can be relevant on any timeframe. so i was just examining a myriad of timeframes to get a feel for how the signals look. same pattern on a weekly night have the same price action as on a 5 minute but just takes much longer to play out, could be used for swing or position trading vs day trading
@gokhanpakalin
@gokhanpakalin 2 ай бұрын
use this settings (macd) when the price is over vwap, wait to price retrace back to vwap line ,when its around vwap line wait the macd confirmation and boom !!!going up
@6jefes948
@6jefes948 3 ай бұрын
I gotta stop reading all the comments. Some of these people give me a headache. Sometimes I think these people didn't even watch the video and are trolling. I appreciate what you guys do and appreciate the content. I fully understand that this is information to help enhance my trading. No where do you say this is the next greatest indicator or strategy. There is no perfect indicator and there will never be one. Thank you for helping me to continually add more tools to my tool belt.
@zaytradellc
@zaytradellc 3 ай бұрын
I’ll sleep outside for a week if I get a chance to show my thinkscript to you guys and work alongside anybody there it’ll be very diverse using cot report live data for futures and options 🧠
@thegamerboneless2864
@thegamerboneless2864 3 ай бұрын
Do you use leading indicators for longer swing trades, and or to hedge your positions. I know it’s a bit off topic, but am interested??
@garrettdrinon
@garrettdrinon 3 ай бұрын
what specifically do you mean by leading indicators? i look at breadth and things like “are breakouts working or failing” while swing trading, and always manage with a stop and trail my stop
@MegaFelix666
@MegaFelix666 3 ай бұрын
i am scalping with the macd in 3 min chart in xauusd during the us session, but is not only intraday, it is used to identify the next trend, sometimes it runs over 2-3 days. i use other smoother settings on the macd and i am using a ema. i use a 3:1 rrr and a stoploss about 0.3%. i use the fibonacci if price is to far. it runs profitable over the last years. would say it is a good strategy, with 40win/60loss
@spencerwinston4334
@spencerwinston4334 2 ай бұрын
First rate, surf riding class on riding the market waves with the MACD. Consider adding as well, imo, Tim Ord volume rules to see inside the volume strength of the counter wave versus the previous swing as well as the Wilder ADX 8 period for fuller context of price action in the anti "surf's up" board riding timing. Ty, G. Man for sharing your vast surf lessons/trading expertise with traders across the world on YT. Your backdrop picture should be the Big Blue Hawaii, Lance Hamilton waves, instead of NYC skyline, imo. In Hawaii surf terms, you might be referenced as the Big Kahuna instead of professional trader. The truth shall set us all free in the market as well as, more importantly, on the higher spiritual big blue, "ethereal wave spectrum." New US subscriber.
@TravisLambert
@TravisLambert 3 ай бұрын
A simple horizontal line on the chart shows exactly the same setup if you are experienced with candlestick charts price action
@garrettdrinon
@garrettdrinon 3 ай бұрын
I wonder how you would screen for that. We talk about in the video how we can see this setup in the price action. And we also talk about how we might use the indicator for an alert, or as a signal in a model -- to then go and put it in context with price action.
@kevinle2955
@kevinle2955 3 ай бұрын
Let's goooo!! Linda is the best
@garrettdrinon
@garrettdrinon 3 ай бұрын
agree, she is!
@David_Gross
@David_Gross 3 ай бұрын
Lol, left out the best part of the MACD, the histogram. Much better than either/both the signal and MACD. I agree 9 and 12 settings are useless and so are the crossovers.
@garrettdrinon
@garrettdrinon 3 ай бұрын
Interesting re the histogram
@mrtravelhub4313
@mrtravelhub4313 2 ай бұрын
The histogram is great to spot divergences, and strong momentum, which will be retested in a new trend, for me I am only long and it works good
@n7ekg
@n7ekg 15 күн бұрын
Lower highs and higher lows using a zig-zag indicator works well :)
@anubhavbaijal3621
@anubhavbaijal3621 2 ай бұрын
The Indicator and setting looks good but what is the ideal Time Frame for trading ?
@adrianr5563
@adrianr5563 3 ай бұрын
Thanks garrett for the video. I use MACD extensively as a filter mainly for entries but also for exits. One of my main rules is that if the signal line is sloping down i do not take any long entries. In the case of the TLSA chart the signal line was sloping down hence looking for a short entry off price action. As you said it did fail, however note the higher low on the MACD line from the double bottom on price action. For me that's a tell tale sign of a reversal. Subsequently, guess what, after the higher low on the MACD, the signal line starts to turn up. There's my long entry after the double bottom, not long after the end of your pink square. I look forward to more MACD videos.
@wread1982
@wread1982 3 ай бұрын
We shall worship the genius 🙏🙏🙏🙌🏽🙌🏽🙌🏽
@mailyadav1
@mailyadav1 3 ай бұрын
@smbcapital Thanks Garrett for this insightful MACD strategy. I found this similar to what I have read elsewhere as a "Hook" strategy on MACD. I do have some observations from the charts that you showed, which in my opinion did not identify the "Anti" at the right place.. I would love to share that directly to bounce off my obervations... let me know if that's possible. On your Tesla chart, you said that the "Anti" didn't work, which is correct... What I also observed on that chart, was that there was an "Anti" direct after the "Anti". :-) So that can be taken as a bear-trap, ending in a stronger continuing move as you mentioned. Thanks again for sharing your research and experience.
@rialestari6oo
@rialestari6oo 2 ай бұрын
Wow cool, thanks for sharing, but I usually use the unfilled order strategy in the nfc community.
@stevenmorgan9549
@stevenmorgan9549 3 ай бұрын
I think TOS already has this as one of the stock indicators. Its labelled the LBR. I looked it up after binging her YT webinars
@wallyg8020
@wallyg8020 3 ай бұрын
That would be nice I'm looking for swing trading strategy since I have a full time job . I tried to trade using daily chart 4 hrs and 1 hr to 30 minutes for my entry.
@smuller8988
@smuller8988 2 күн бұрын
Interesting to see a different indicator being used for the "anti". I just finished reading Raschke`s book street smarts from the 90s and there she used a stochastic for the same purpose. It is a shame this wasn`t mentioned and it would be interesting to know what motivated the shift from stochastic to macd.
@samoyedkiyo
@samoyedkiyo 3 ай бұрын
can it be used in forex? because I learned about forec in the nfc community.
@user-wd4nu9jm7n
@user-wd4nu9jm7n 3 ай бұрын
I've been looking at Lynda's MAcd method, she mostly trades scalping as far as I know, but so far from watching this method it seems logical, but tuning the Macd to your style is a bit of a task, as with changing the parameters of any indicator can be a challenge, time will tell!
@DmytroMinchenko
@DmytroMinchenko 4 күн бұрын
Cool! Many thanks!
@brianholden1641
@brianholden1641 3 ай бұрын
so this is maybe a good way to browse potential set ups quickly?
@KMactheFarmer
@KMactheFarmer 3 ай бұрын
This MacD perfect to accompany footprints n delta read
@352traders
@352traders 28 күн бұрын
Is this more for buying shares, options or both?
@haramohan6351
@haramohan6351 3 ай бұрын
I have been using it on settings 3,9,16
@thegamerboneless2864
@thegamerboneless2864 3 ай бұрын
Looks like it’s a double tap. It almost has confirmation retest built in. Though you would probably need good risk management and good discipline. Nice PA
@mrovbe
@mrovbe 3 ай бұрын
The setup looks similar to the LBR310 oscillator. To anticipate early reversals, I change the calculation mode to alternate when trading futures. That is my Red Pill configuration. With all of the brain power you all have, I am sure your team can perfect it.
@garrettdrinon
@garrettdrinon 3 ай бұрын
I believe you are correct in that the LBR310 oscillator is the same thing… Linda Bradford Raschke 3-10 Oscillator
@DavidJNowak
@DavidJNowak 3 ай бұрын
Do you think that this indicator can be used for any time series information or data?
@garrettdrinon
@garrettdrinon 3 ай бұрын
i think any indicator can be used for any time series or data, as long as there is a use for it - if it’s solving a problem that you’re already asking about the data
@LuLuLately
@LuLuLately 2 ай бұрын
Don't have exp/simple moving avg setting option on webul, not sure if that matters but either way I'm not getting the point as this is only obvious in hindsight, it looks like it can go either way.
@lilslope1974
@lilslope1974 3 ай бұрын
Wizard in the house!💖
@limitlesslev
@limitlesslev 9 күн бұрын
And what about the Profit / Stop loss strategy and the MacD. How do you calculate this?
@worryphree
@worryphree 14 күн бұрын
9:36 I can imagine Bruce Dickinson hollering to the crowd, "SCREEN for me MACD!!!"
@SilverMonsterCoind
@SilverMonsterCoind 3 ай бұрын
What are the Trading View settings? They have different terms.
@chadseeber3998
@chadseeber3998 3 ай бұрын
What were the settings for her Stochastic???
@Lambolp
@Lambolp 3 ай бұрын
SMB s I’ve got your book I’m reading it now One Good Trade By Mike Bellafiore Thnx mate Can’t wait to have the financial freedom
@niknik1604
@niknik1604 Ай бұрын
What period did she had on the SMA ? Thanks
@mwareviews
@mwareviews 15 күн бұрын
It appears like you’re not using the bollinger band, which is a fundamental part of the strategy to tell whether if the market is overbought or oversold
@mobilenerdgames
@mobilenerdgames Ай бұрын
my macd strategy is quit simple for a buy it must be under the 0 line and good far away from it. then check higher timeframes with emas if they all match up in an uptrend? is yes just jump in and stop los at last swing low I use fraktals and then trail it wörks nice for me at the moment.
@jasonwilson3874
@jasonwilson3874 2 ай бұрын
Trading rights has changed my perspective on how one can succeed in life. I’ve been able to clear my debt and go on to have surplus to take care of my family. Working multiple jobs for money isn’t the optimal way to attain financial freedom. Unfortunately, we find this out later in life. Great video
@charleyluckey2232
@charleyluckey2232 2 ай бұрын
How so. I'm keen on getting started but I have close to no knowledge
@jasonwilson3874
@jasonwilson3874 2 ай бұрын
It's not strange that learning the rudiments of investing can be somewhat difficult, that's why I follow Larry Kent Burton's guidelines. You may have heard of him before. I can rightly say that he is worth his money as an investment advisor, as his diversification capabilities are first-class. I say this because I see that this leads to an average growth of my portfolio of 20 to 30% per month, unlike I can say with my IRA, which has just been dragged away. My portfolio only reflects what it estimates, and not only on certain industries of my choice
@jasonwilson3874
@jasonwilson3874 2 ай бұрын
He's on Instagram
@jasonwilson3874
@jasonwilson3874 2 ай бұрын
@ Larrykent_nick_trading
@charleyluckey2232
@charleyluckey2232 2 ай бұрын
oh great! I just did and I'm quite impressed. Already in talks as to how to get started
@benjamind3448
@benjamind3448 19 сағат бұрын
Hi. What do you think about BLNK?
@user-jb2xx7hv1z
@user-jb2xx7hv1z 3 ай бұрын
I use the MACD, and try to always trade in the same direction!
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