FAQs Frequently Asked Questions
Market Lab Report
Please elaborate on how you use the MACD
We discuss the 5-minute 620 chart set-up to time various entries and exits long and short during the weekly webinars. If you are a webinar member then you are privy to this, otherwise we maintain it as an exclusive topic for our webinar members.
The MACD is set as 6,20,10,C on 5-mnute eSignal charts.
6 is the fast line20 is the slow line
Both are EMA
Signal smoothing is 10 periods
MACD Line: (6-period EMA - 20-period EMA)
Signal Line: 10-period EMA of MACD Line
MACD Histogram: MACD Line - Signal Line
C = closing price
First published: | 5 Aug 2017 |
Last updated: | 17 Sep 2017 |