Introduction to Elliot Wave This video will explain Elliott Wave patterns in very simple
terms. After you have seen this video you will easily recognize Elliott
Wave patterns on charts and have the basic understanding to watch the
next video that shows you how to use MACD with the Elliott Wave C
The MACD Price Threshold Line
The MACD Price Threshold line was developed by Andy Skinner for the
Chart Pattern Recognition Forex and Stock Screener in 2001.
This video, recorded by Andy, explains how you can get a look into the future of the MACD
line. For MACD traders it is like turning on the lights in your car. The
video will show you exactly when to enter a trade using the MACD line.
You will be able to place your order on the day the MACD line is pointed
down and be in the trade the first day the MACD has turned up. There is
no need to wait for the MACD signal line to be crossed. This is too late
to enter the trade. For W Bottom traders this will show you how to enter
the trade before the W is complete.
MACD Divergence and Early W Bottoms
and Tops Alerts in RT-Alerts
MACD Divergence Scan and Alerts
This video is a must see for MACD and W Bottom traders. It will
show you how to find and measure all MACD divergences and even early
forming W Bottoms and Tops. It will also introduce you to the MACD
Divergence Index. This is a way to see multiple MACD divergences
for many different MACD settings (time frames) at the same time.
Early Forming W Bottoms and M Tops Scan in the Ramp Program
This scan uses MACD divergence and Pattern Recognition to find Bullish
and or Bearish W Bottoms and M Tops that have not yet formed their last
leg. This provides a very early and safe entry to the trade.
MACD Price Threshold Line for Early W Bottoms in
the Ramp Program
This video shows you how to use the MACD Price Threshold Line (MPT) to
show you a few days in advance where a MACD line will turn up or down.
For MACD traders, the MACD Price Threshold Line is like having
headlights on your car. It will give you a look into the future
that no other MACD traders have.
The MACD Divergence Scan will find Bullish and Bearish MACD Divergences
on any time frame or MACD setting you choose. The divergences are
clearly show on the charts and the top of each chart shows you a
percentage difference between the last price and the last MACD value.
This is an excellent measure of the extent of divergence.
The MACD Divergence Index is a percentage of many MACD settings or time
frames that are showing MACD divergence at the same time. As an
example if 50 of the 50 MACDs checked are showing divergences this would
be an MDI of 100%. Use this scan to find charts with MACD
divergences happening simultaneously on many MACD setting or time
Most MACD Divergence traders don't want to trade against an upper time
frame. As an example, a daily bar MACD Divergence trader will check the
weekly and monthly charts to be sure there is not a strong divergence in
the opposite direction. This scan will allow you to scan the upper
time frames for acceptable charts before you do your MACD scan on your
favorite time frame.
BobChart MACD Scans
Setting Your MACD Settings
BobCharts show the current support and resistance lines on any symbol or
list of symbols. This scan is a filter you can set so that only
BobCharts with divergent MACDs will be displayed. This way you can
quickly find divergent MACDs on support or resistance lines.