When using the MACD for short term trading what are the optimal settings: 5,35,5 ?
hi
i never really found MACD alone much use to trade. the only exception is divergences to confirm price action once in a while. for that i use the standard setting, (12-26-9). in fact i use this on multiple time frames but more a filter, than to build on it by itself.
There simply aren’t any, todays optimal settings are tomorrow’s lost cause.