How To Use The Real Power Of The MACD
If you want to trade professionally then you should apply a top-down approach:
An Egde Of A Bigger Time Frame + An Edge Of A Lower Time Frame
With a top-down approach you will have a higher winning percentage and the average size of your winning trades will be bigger. There are multiple ways to get an edge of a bigger time frame. The multi time frame MACD indicator (PTS_MACD_MTF) is one of the many ways.
With the PTS_MACD_MTF can can use MACD divergences of higher time frames and make pinpointed entries on lower time frames.
The following video shows how you the PTS_MACD_MTF works:
With the information advantage provided by the PTS_MACD_MTF you can search for Double Tops/Bottoms (get the FREE Double Top / Bottom Indicator) within the rectangles of the following screenshot:
You can also trade the highly profitable system "Strong Trends + Magic Entries" in direction of the divergences:
You can get the PTS_MACD_MTF for a very low one-time-fee here:
- 1 Indicator for Metatrader 4
- 1 Installation Manual
- Reference Time Frames Selectable
- Via Combo-Box
7 Days Money Back Guarantee! There will no questions asked. I will directly refund your money if you request within 7 days after your purchase. There is one exception: If I already answered questions about the system/indicator then I invested my personal time and then I can't give you a refund (because everything is explained on this website)
How can I configure the reference time frame?
You can configure the reference time frame by selecting the appropriate value in the combo-box in the parameters of the indicator. The default value is H4.