
09-27-2007, 08:39 AM
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Junior Member
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Join Date: Aug 2007
Location: Port Harcourt, Nigeria
Posts: 82
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Quote:
Originally Posted by CharlesLioe
if i understand it correctly, the system says 'MACD has to cross', not just heading up, or am i wrong? i don't see a cross, at least on my chart...
Question, if the MACD crosses something like 2 or 3 bars later after the PSAR dot appears, is the signal still valid? or does the MACD cross has to be before the psar dot appears? or exactly when the dot appears?
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MACD has to cross. This was a case of me experimenting by *breaking or should that be bending* one of our rules. Like I said earlier, I'd much rather make expensive mistakes on a demo account.
If MACD crosses 2 or 3 bars later after PSAR in the same direction as PSAR then it is a valid signal. The MACD is confirming that the PSAR signal is right. The foundation of this system is the PSAR so even if MACD crosses before the PSAR dot appears, you'd still have to wait for the PSAR dot to appear. Dale et al, please correct me if I'm wrong.
I don't think I've ever seen MACD cross and the PSAR dot appear at the same time. Does it ever happen?
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