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My goal is to try and place an order with my broker before the market
closes. Not the next day. I am using the MACD indicator to determine if I
am bearish or bullish. If I know at what price the indicator is going to
change position I could possibly determine near but before the close of the
market if I want to change my position by asking myself, it looks like
today's close is going to be above or below the price which is going to
cause the MACD indicator to swap position. Does this help?
Jeff
----Original Message-----
From: jlbaker@xxxxxxxxxxxx <jlbaker@xxxxxxxxxxxx>
To: Wanabe <Wanabe>
Date: Thursday, March 05, 1998 5:18 PM
Subject: Re: MACD indicator
>
>Now, I do not understand Jeff.
>I day-trade but if you have tradestation and are plotting daily bars and
>end of day do you not know when the MACD crossesover? If so, then you can
>either read accross to the price grid and see the price, place your cursor
>at the intersection or look at your data list by pressing the data icon.
>Am I missing something?
>Jerry
>
>----------
>> From: Wanabe <Wanabe@xxxxxxxxxxxxx>
>> To: Omege List <omega-list@xxxxxxxxxx>
>> Subject: Re: MACD indicator
>> Date: Thursday, March 05, 1998 5:50 PM
>>
>> Thanks Jerry for responding to my post. But I don’t quite understand
>your
>> answer so I am going to try to restate my question. The MACD indicator
>> plots a MACD line and a MACD average. What I want to know is what the
>price
>> needs to be if the MACD line crosses the MACD average line for the next
>bar.
>> I use end of day data and I don't have the luxury of my monitor for the
>next
>> day though I can follow the price.
>>
>> Thanks for your help. Jeff
>>
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