
238: The new indicator that improves momentum trading signals - Alex Spiroglou
Better System Trader
Challenges and Comparisons of MACD in Trading Strategies
The chapter delves into the challenges associated with using MACD in trading strategies and compares range-bound indicators like RSI with unbound indicators such as MACD. The speaker discusses the advantages and disadvantages of range-bound indicators, emphasizing the difficulties in interpreting market strength and divergent signals. They explore the process of normalizing MACD by volatility to improve trading signals and introduce a lifecycle roadmap for the MACDV indicator.
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