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Examples and interpretation of many commonly used indicators.

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Examples and interpretation of all charts used in technical analysis.


MetaStock Trading System - MACD Crossover System

Enter Long:
Mov(C,5,E) > Mov(C,13,E)
AND Mov(C,13,E) > Mov(C,40,E)

Close Long:
Cross(Mov(C,13,E),Mov(C,5,E))

Now you can play with these combinations on both the enter long and close long side. For example, keep the same Enter Long but change the Close Long to:

Cross(Mov(C,40,E) ,Mov(C,5,E) )

This will keep you in the trade longer. You may want to enter when the 5 crosses above the 13 and not wait for the 40 OR, you may just want to use the 5 cross above the 40 and forget about the 13.

  

  

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