Which MACD?

[Tommy]

Looking everyday during the day is like sitting in front of a slot machine and continuously putting money in that you will lose. I try to catch the opening and the close but it might be best to check the close, after or before the open especially if you have a job.
I misunderstood your question on MACD. Generally for me the best settings on MACD are 8,17,9 but there are alot of variations.

[Tommy]

I could not do this even if I knew how hew did it. See https://seekingalpha.com/article/4773347-primed-for-a-bear-market-rally#scroll_comments

[Jimbert]

8, 17, 9??? Heather’s book recommends 12, 26, 9, doesn’t it? Why do you recommend different when as far as I know you have not backtested them as Heather did? Or have you?

And thank you for your answer on monitoring MACD. I suspected that closing values were the ones to use. I like your slot machine analogy. Hahaha.

[Author]

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