MACD Trending Bands
Unfortunately this indicator is no
longer available, but you may find Momentum Acceleration Bands an interesting alternative!
Description
Click here to view a full size chart featuring this indicator
- If you're familiar with the extremely popular MACD indicator then you're going to love the new MACD 2010. This indicator is similar to the MACD, but with upper/lower bands and a clear visual plotting system. One can
use this powerful indicator to not only determine current trend direction but divergences and overbought/oversold conditions as well.
- Trading Method:
- Yellow = Possible trend reversal to the upside
- Cyan = Possible trend reversal to downside
- Dots outside the band = solid strong trend
- The farther dots are away from eachother, the stronger the trend
Key Features
- Includes a single length input that can be adjusted or left at default.
- All other adjustments are made automatically by the indicator.
- Audible and Visual pop-up alerts
- Email can be sent when alert is triggered
