Need some expertise on a mac d set up if possible?

Beginner Questions
1

Hi guys

I’m trying to incorporate Mac D to my charts and was wondering if any of you out there use this particular indicator. If so what period would you use for the shorter EMA, the longer EMA and also the period for the actual signal.

Would be very grateful if any of you could help.

Thanks

Authentic

2

hi
i use for the short EMA, 5 or 10, 20
mid term 50, 100
long term 200

regards
as

3

Hey, Authentic.

My advice, as someone’s who’s been using MACD from the very beginning (summer of 2011), I would suggest using the standard settings of 12, 26 and 9.

I wouldn’t use MACD so much for crossover signals but to gauge the momentum of a certain move (I use it to qualify Ichimoku Tenkan/Kijun crossovers) and also for divergence and neutralization. I find those are the most powerful uses for MACD.

Hope this helps.

4

Much appreciated guys I’ll give it ago thanks !