STOP Using The MACD! Try THIS Indicator Instead
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Published 2023-02-03
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I'm sure all of us are familiar with the mechanics of the classic MACD, it helps us identify potential trends by displaying crossovers between two lines. However, a common problem with this Indicator is that it only works on trending markets. And as we all know, markets aren't always trending, it can also move sideways or within a range
But what if I told you that there's a NEW version of the MACD indicator, that could also identify trends, but it could also eliminate false signals when the market is ranging.
And in this video, I'm going to reveal exactly what the indicator is, how it works and the different high win rate strategies that you can use with it.
** Hey traders, Long time no see!, I'm finally back (for real this time).
Expect more high quality videos weekly, just like usual :D
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All Comments (21)
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Thank you for your wonderful videos. I always watch your videos, I love how open minded you are about investing, I read an article of investors that made fortune within two months, so please I'd really love more tips and clues on how to outperform the market and make such gains.
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The older you are when you start, the more risk-averse you will have to be. This means you will likely use guaranteed investments, such as debt securities, which have lower returns. By contrast, start young means you can take larger risks for (hopefully) larger gains.
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What I do which is very effective is by simply adding RSI and edit to(80-20)..so RSI(80-20) represents over-bought and over-sold! Thanks for the video!
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These indicators are beautiful in 20/20 hindsight -- but live, they wiggle and jiggle and even lag the prices' true movement; let alone forecasting the future!
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U need to show in greater detail what u changed on the indicator...that is the problem
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Share your input settings please for this impulse MACD indicator.
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What inputs do you recommend? Currently, the default is LengthMA : 34, LenghtSignal : 9
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I would argue that instead of fixed OB/OS lines you could potentially use multiplied ATR or standard deviation to get dynamic levels from the zero-line.
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I use macd histogram, rsi crossover, bollinger bands, vwap and for breakouts and price action i use volume per candle, time&sales, level2.
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Very informative Video explained very well but please can you explain the Time Frame & on Which pairs it works perfectly. π
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Which time frame should we use to mark over sold and over bought
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Finally you are back π
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From since you begin trading tutorial and I was one of your grateful followers We appreciate your work man don't stoop God bless you β€οΈβ€οΈ
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Need an explanation of the Input values and how to set and adjust them for this video to be used and tested to its potential.
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Amazing indicator. I added RSI and the trend snake to confirm my entries. 1xd my port in 4 days. Thank you for this!! It was clear and easy to follow. Perfect for newbies
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Indicators will work after the trend and not before the trend. So it's better to go with the trend. Indicators can only used for safe exits.
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which lengths did you use for the impulse macd? the default is now 34/9
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200% better than MACD, sweet!! I would love to see the statistical proofs please, thank you
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Behold, the "prodigal son" returns. Good to have you back mate :)
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Very enlightening! Both your approach and the MACD Impulse thank you!
